Carel Industries (CRL.MI)

Net assets on the balance sheet as of December 2023 : NZ$0.70 B

According to Carel Industries's latest financial reports the company has NZ$0.70 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Carel Industries - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.37 B	32.46%
2021-12-31	$NZ$0.28 B	4.02%
2020-12-31	$NZ$0.27 B	13.8%
2019-12-31	$NZ$0.23 B	18.06%
2018-12-31	$NZ$0.20 B	1.01%
2017-12-31	$NZ$0.19 B	22.75%
2016-12-31	$NZ$0.16 B	-0.07%
2015-12-31	$NZ$0.16 B	28.24%
2014-12-31	$NZ$0.12 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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Carel Industries (CRL.MI) - Net assets