Absa Bank (ABSP.JO) - Net Assets

Net assets on the balance sheet as of December 2018 : NZ$9.94 Billion

According to Absa Bank's latest financial reports the company has NZ$9.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Absa Bank - Net assets on balance sheet (from 2009 to 2018)

Net assets by year

Year	Net assets	Change
2018-12-31	$NZ$8.65 B	-11.25%
2017-12-31	$NZ$9.75 B	33.9%
2016-12-31	$NZ$7.28 B	28.01%
2015-12-31	$NZ$5.68 B	-12.56%
2014-12-31	$NZ$6.50 B	-2.73%
2013-12-31	$NZ$6.68 B	-23.47%
2012-12-31	$NZ$8.74 B	-3.92%
2011-12-31	$NZ$9.09 B	-11.68%
2010-12-31	$NZ$10.30 B	16.76%
2009-12-31	$NZ$8.82 B	6.38%
2008-12-31	$NZ$8.29 B	21.58%
2007-12-31	$NZ$6.82 B	17.1%
2006-12-31	$NZ$5.82 B	19.35%
2005-12-31	$NZ$4.88 B	19.21%
2004-12-31	$NZ$4.09 B	24.61%
2003-12-31	$NZ$3.28 B	146.96%
2002-12-31	$NZ$1.33 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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Absa Bank (ABSP.JO) - Net assets