Basic-Fit (BFIT.AS) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$0.74 Billion

According to Basic-Fit's latest financial reports the company has NZ$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Basic-Fit - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.68 B	0.61%
2021-12-31	$NZ$0.68 B	28.53%
2020-12-31	$NZ$0.52 B	3.89%
2019-12-31	$NZ$0.50 B	1.34%
2018-12-31	$NZ$0.50 B	4.48%
2017-12-31	$NZ$0.48 B	3.93%
2016-12-31	$NZ$0.46 B	-1328.99%
2015-12-31	$-NZ$37.7 Million	5613.86%
2014-12-31	$-NZ$0.66 Million	-101.7%
2013-12-31	$NZ$38.89 M

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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Basic-Fit (BFIT.AS) - Net assets