ERG (ERG.MI) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$3.79 B

According to ERG's latest financial reports the company has NZ$3.79 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ERG - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$3.47 B	33.22%
2021-12-31	$NZ$2.60 B	-13.27%
2020-12-31	$NZ$3.00 B	1.06%
2019-12-31	$NZ$2.97 B	-4.77%
2018-12-31	$NZ$3.12 B	-1.58%
2017-12-31	$NZ$3.17 B	20.8%
2016-12-31	$NZ$2.62 B	-1.91%
2015-12-31	$NZ$2.67 B	0.36%
2014-12-31	$NZ$2.66 B	-21.25%
2013-12-31	$NZ$3.38 B	6.59%
2012-12-31	$NZ$3.17 B	1.67%
2011-12-31	$NZ$3.12 B	-4.31%
2010-12-31	$NZ$3.26 B	-14.71%
2009-12-31	$NZ$3.82 B	-22.65%
2008-12-31	$NZ$4.95 B	77.83%
2007-12-31	$NZ$2.78 B	6.3%
2006-12-31	$NZ$2.61 B	25.01%
2005-12-31	$NZ$2.09 B	3.2%
2004-12-31	$NZ$2.03 B	28.67%
2003-12-31	$NZ$1.57 B	13.07%
2002-12-31	$NZ$1.39 B	11.06%
2001-12-31	$NZ$1.25 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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ERG (ERG.MI) - Net assets