NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : £66.36 Million

According to NZME Limited's latest financial reports the company has £66.36 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NZME Limited - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£65.74 M	-9.07%
2022-12-31	$£72.3 M	-9.05%
2021-12-31	$£79.5 M	13.7%
2020-12-31	$£69.92 M	16.89%
2019-12-31	$£59.81 M	-60.51%
2018-12-31	$£0.15 B	-0.27%
2017-12-31	$£0.15 B	-5.25%
2016-12-31	$£0.16 B	23.7%
2015-12-31	$£0.12 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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NZME Limited (NZM.NZ) - Net assets