Kvika banki (KVIKA.IC)

Net assets on the balance sheet as of September 2024 : NZ$1.11 Billion

According to Kvika banki's latest financial reports the company has NZ$1.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kvika banki - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.95 B	5.62%
2022-12-31	$NZ$0.90 B	2.51%
2021-12-31	$NZ$0.88 B	320.16%
2020-12-31	$NZ$0.20 B	10.19%
2019-12-31	$NZ$0.19 B	14.44%
2018-12-31	$NZ$0.16 B	11.06%
2017-12-31	$NZ$0.14 B	58.6%
2016-12-31	$NZ$94.52 M	28.06%
2015-12-31	$NZ$73.81 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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Kvika banki (KVIKA.IC) - Net assets