California BanCorp (CALB)

Net assets on the balance sheet as of March 2024 : ₹16.95 Billion

According to California BanCorp's latest financial reports the company has ₹16.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

California BanCorp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹14.25 B	27.03%
2021-12-31	$₹11.22 B	12.48%
2020-12-31	$₹9.97 B	7.4%
2019-12-31	$₹9.28 B	9.72%
2018-12-31	$₹8.46 B	56.47%
2017-12-31	$₹5.41 B	3.99%
2016-12-31	$₹5.20 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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California BanCorp (CALB) - Net assets