Nedbank (NED.JO) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$50.65 Billion

According to Nedbank's latest financial reports the company has HK$50.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nedbank - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$50.96 B	-4.89%
2022-12-31	$HK$53.58 B	-0.3%
2021-12-31	$HK$53.74 B	1.05%
2020-12-31	$HK$53.18 B	-2.21%
2019-12-31	$HK$54.38 B	9.68%
2018-12-31	$HK$49.58 B	-11.7%
2017-12-31	$HK$56.14 B	21.72%
2016-12-31	$HK$46.13 B	17.41%
2015-12-31	$HK$39.29 B	-17.44%
2014-12-31	$HK$47.58 B	-0.64%
2013-12-31	$HK$47.89 B	-8.77%
2012-12-31	$HK$52.50 B	4.02%
2011-12-31	$HK$50.47 B	-10.17%
2010-12-31	$HK$56.18 B	19.2%
2009-12-31	$HK$47.13 B	42.31%
2008-12-31	$HK$33.12 B	-17.76%
2007-12-31	$HK$40.27 B	23.35%
2006-12-31	$HK$32.65 B	1.01%
2005-12-31	$HK$32.32 B	7.69%
2004-12-31	$HK$30.01 B	70.96%
2003-12-31	$HK$17.55 B	111.98%
2002-12-31	$HK$8.28 B

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Nedbank (NED.JO) - Net assets