Ackerstein Group (ACKR.TA)

Net assets on the balance sheet as of June 2024 : NZ$0.48 B

According to Ackerstein Group's latest financial reports the company has NZ$0.48 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ackerstein Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.50 B	4.52%
2022-12-31	$NZ$0.48 B	5.63%
2021-12-31	$NZ$0.45 B	35.94%
2020-12-31	$NZ$0.33 B	39.8%
2019-12-31	$NZ$0.24 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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Ackerstein Group (ACKR.TA) - Net assets