Econergy Renewable Energy (ECNR.TA)

Net assets on the balance sheet as of June 2024 : NZ$0.30 B

According to Econergy Renewable Energy's latest financial reports the company has NZ$0.30 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Econergy Renewable Energy - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.23 B	26.3%
2022-12-31	$NZ$0.18 B	94.26%
2021-12-31	$NZ$97.5 M	824.37%
2020-12-31	$NZ$10.54 M	56.97%
2019-12-31	$NZ$6.71 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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Econergy Renewable Energy (ECNR.TA) - Net assets