Modiv (MDV) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.36 Billion

According to Modiv's latest financial reports the company has NZ$0.36 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Modiv - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.35 B	-6.23%
2022-12-31	$NZ$0.37 B	16.58%
2021-12-31	$NZ$0.32 B	23.5%
2020-12-31	$NZ$0.26 B	-30.15%
2019-12-31	$NZ$0.37 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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Modiv (MDV) - Net assets