Newag (NWG.WA) - Net Assets

Net assets on the balance sheet as of March 2024 : NZ$0.33 B

According to Newag's latest financial reports the company has NZ$0.33 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Newag - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.32 B	26.19%
2022-12-31	$NZ$0.25 B	1.98%
2021-12-31	$NZ$0.25 B	-2.92%
2020-12-31	$NZ$0.25 B	20.02%
2019-12-31	$NZ$0.21 B	9.69%
2018-12-31	$NZ$0.19 B	20.46%
2017-12-31	$NZ$0.16 B	16.45%
2016-12-31	$NZ$0.14 B	-10.63%
2015-12-31	$NZ$0.15 B	9.07%
2014-12-31	$NZ$0.14 B	5.5%
2013-12-31	$NZ$0.13 B	11.08%
2012-12-31	$NZ$0.12 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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Newag (NWG.WA) - Net assets