Italgas (IG.MI) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$5.09 Billion

According to Italgas's latest financial reports the company has NZ$5.09 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Italgas - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$4.03 B	13.7%
2021-12-31	$NZ$3.55 B	5.38%
2020-12-31	$NZ$3.37 B	12.9%
2019-12-31	$NZ$2.98 B	31.69%
2018-12-31	$NZ$2.26 B	13.18%
2017-12-31	$NZ$2.00 B	23.94%
2016-12-31	$NZ$1.61 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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Italgas (IG.MI) - Net assets