Midwich Group (MIDW.L)

Net assets on the balance sheet as of December 2023 : NZ$0.44 Billion

According to Midwich Group's latest financial reports the company has NZ$0.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Midwich Group - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.39 B	54.6%
2022-12-31	$NZ$0.25 B	13.06%
2021-12-31	$NZ$0.22 B	12.38%
2020-12-31	$NZ$0.20 B	58.24%
2019-12-31	$NZ$0.12 B	15.59%
2018-12-31	$NZ$0.10 B	8.86%
2017-12-31	$NZ$0.10 B	21.73%
2016-12-31	$NZ$82.99 M	209.67%
2015-12-31	$NZ$26.8 M	60.34%
2014-12-31	$NZ$16.71 M	-68.45%
2013-12-31	$NZ$52.97 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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Midwich Group (MIDW.L) - Net assets