Knorr-Bremse (KBX.DE)

Net assets on the balance sheet as of September 2024 : $3.39 Billion USD

According to Knorr-Bremse's latest financial reports the company has $3.39 Billion USD 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	$$2.88 B	5.1%
2021-12-31	$$2.74 B	16.22%
2020-12-31	$$2.36 B	10.96%
2019-12-31	$$2.13 B	15.86%
2018-12-31	$$1.83 B	-23.22%
2017-12-31	$$2.39 B	15.8%
2016-12-31	$$2.06 B	2.89%
2015-12-31	$$2.00 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