LXI REIT (LXI.L) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$4.20 Billion

According to LXI REIT's latest financial reports the company has NZ$4.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$4.16 B	69.18%
2022-03-31	$NZ$2.46 B	60.24%
2021-03-31	$NZ$1.53 B	14.18%
2020-03-31	$NZ$1.34 B	74.81%
2019-03-31	$NZ$0.77 B	87.37%
2018-03-31	$NZ$0.41 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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