Grenergy Renovables (GRE.MC)

Net assets on the balance sheet as of December 2023 : NZ$0.67 Billion

According to Grenergy Renovables's latest financial reports the company has NZ$0.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grenergy Renovables - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.60 B	45.27%
2022-12-31	$NZ$0.41 B	57.18%
2021-12-31	$NZ$0.26 B	216.1%
2020-12-31	$NZ$83.24 M	34.91%
2019-12-31	$NZ$61.7 M	42.95%
2018-12-31	$NZ$43.16 M	59.27%
2017-12-31	$NZ$27.1 M	33.23%
2016-12-31	$NZ$20.34 M	2.41%
2015-12-31	$NZ$19.86 M	79.3%
2014-12-31	$NZ$11.07 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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Grenergy Renovables (GRE.MC) - Net assets