California BanCorp (CALB)

Net assets on the balance sheet as of March 2024 : NZ$0.34 Billion

According to California BanCorp's latest financial reports the company has NZ$0.34 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	$NZ$0.27 B	22.93%
2021-12-31	$NZ$0.22 B	16.74%
2020-12-31	$NZ$0.18 B	-2.25%
2019-12-31	$NZ$0.19 B	7.15%
2018-12-31	$NZ$0.18 B	51.28%
2017-12-31	$NZ$0.11 B	7.94%
2016-12-31	$NZ$0.11 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