Nickel Industries Limited (NIC.AX)

Net assets on the balance sheet as of December 2023 : C$3.94 B

According to Nickel Industries Limited's latest financial reports the company has C$3.94 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nickel Industries Limited - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$3.85 B	56.57%
2022-12-31	$C$2.46 B	101.2%
2021-12-31	$C$1.22 B	14.66%
2020-12-31	$C$1.06 B
2019-06-30	$C$0.59 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Nickel Industries Limited (NIC.AX) - Net assets