Instabank ASA (INSTA.OL)

Net assets on the balance sheet as of June 2024 : NZ$0.14 B

According to Instabank ASA's latest financial reports the company has NZ$0.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Instabank ASA - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.14 B	16.36%
2022-12-31	$NZ$0.12 B	14.72%
2021-12-31	$NZ$0.11 B	16.16%
2020-12-31	$NZ$95.13 M	-0.32%
2019-12-31	$NZ$95.44 M	15.3%
2018-12-31	$NZ$82.78 M	70.65%
2017-12-31	$NZ$48.51 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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Instabank ASA (INSTA.OL) - Net assets