OPENLANE Corporate (KAR) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$2.19 Billion

According to OPENLANE Corporate's latest financial reports the company has NZ$2.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

OPENLANE Corporate - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.09 B	-12.25%
2022-12-31	$NZ$2.39 B	7.96%
2021-12-31	$NZ$2.21 B	-1.08%
2020-12-31	$NZ$2.23 B	-8.61%
2019-12-31	$NZ$2.45 B	12.25%
2018-12-31	$NZ$2.18 B	4.4%
2017-12-31	$NZ$2.09 B	3.65%
2016-12-31	$NZ$2.01 B	-0.4%
2015-12-31	$NZ$2.02 B	2.57%
2014-12-31	$NZ$1.97 B	9.5%
2013-12-31	$NZ$1.80 B	2.75%
2012-12-31	$NZ$1.75 B	1.97%
2011-12-31	$NZ$1.72 B	6.68%
2010-12-31	$NZ$1.61 B	2.65%
2009-12-31	$NZ$1.57 B	21.49%
2008-12-31	$NZ$1.29 B	-2.24%
2007-12-31	$NZ$1.32 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Copart CPRT	NZ$11.86 B	441.80%	🇺🇸 USA
America's Car-Mart CRMT	NZ$0.77 B	-64.50%	🇺🇸 USA
Lithia Motors LAD	NZ$10.61 B	384.76%	🇺🇸 USA
CarMax KMX	NZ$10.16 B	364.30%	🇺🇸 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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