Knorr-Bremse (KBX.DE)

Net assets on the balance sheet as of September 2024 : £2.70 Billion

According to Knorr-Bremse's latest financial reports the company has £2.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Knorr-Bremse - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£2.38 B	17.26%
2021-12-31	$£2.03 B	17.36%
2020-12-31	$£1.73 B	6.75%
2019-12-31	$£1.62 B	12.15%
2018-12-31	$£1.44 B	-18.25%
2017-12-31	$£1.77 B	5.72%
2016-12-31	$£1.67 B	23.58%
2015-12-31	$£1.35 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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Knorr-Bremse (KBX.DE) - Net assets