Hanover Bancorp (HNVR)

Net assets on the balance sheet as of June 2024 : $0.19 Billion USD

According to Hanover Bancorp's latest financial reports the company has $0.19 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hanover Bancorp - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$$0.18 B	7.72%
2022-09-30	$$0.17 B	40.85%
2021-09-30	$$0.12 B	57%
2020-09-30	$$78.04 M

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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Hanover Bancorp (HNVR) - Net assets