illimity Bank (ILTY.MI)

Net assets on the balance sheet as of June 2024 : NZ$1.76 Billion

According to illimity Bank's latest financial reports the company has NZ$1.76 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

illimity Bank - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.67 B	17.58%
2022-12-31	$NZ$1.42 B	10.93%
2021-12-31	$NZ$1.28 B	28.91%
2020-12-31	$NZ$0.99 B	9.76%
2019-12-31	$NZ$0.90 B	-4.71%
2018-12-31	$NZ$0.95 B	-3.76%
2017-12-31	$NZ$0.98 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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illimity Bank (ILTY.MI) - Net assets