IAA-Insurance Auto Auctions (IAA) - Net assets

Net assets on the balance sheet as of December 2022 : NZ$0.96 Billion

According to IAA-Insurance Auto Auctions's latest financial reports the company has NZ$0.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IAA-Insurance Auto Auctions - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.89 B	82.95%
2021-12-31	$NZ$0.48 B	407.78%
2020-12-31	$NZ$96.18 M	-147.21%
2019-12-31	$-NZ$0.21 Billion	-124.26%
2018-12-31	$NZ$0.83 B	4.38%
2017-12-31	$NZ$0.80 B	1.72%
2016-12-31	$NZ$0.79 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	NZ$83.13 M	-91.36%	🇨🇳 China
CarLotz LOTZ	NZ$0.22 B	-76.42%	🇺🇸 USA

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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