Knorr-Bremse (KBX.DE)

Net assets on the balance sheet as of September 2024 : NZ$5.68 Billion

According to Knorr-Bremse's latest financial reports the company has NZ$5.68 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Knorr-Bremse - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$4.54 B	13.07%
2021-12-31	$NZ$4.02 B	22.77%
2020-12-31	$NZ$3.27 B	3.57%
2019-12-31	$NZ$3.16 B	15.4%
2018-12-31	$NZ$2.74 B	-18.71%
2017-12-31	$NZ$3.37 B	12.94%
2016-12-31	$NZ$2.98 B	1.66%
2015-12-31	$NZ$2.93 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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Knorr-Bremse (KBX.DE) - Net assets