O.Y. Nofar Energy (NOFR.TA)

Net assets on the balance sheet as of June 2024 : NZ$1.16 B

According to O.Y. Nofar Energy's latest financial reports the company has NZ$1.16 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

O.Y. Nofar Energy - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.21 B	7.93%
2022-12-31	$NZ$1.12 B	65.7%
2021-12-31	$NZ$0.68 B	90.72%
2020-12-31	$NZ$0.35 B	1813.8%
2019-12-31	$NZ$18.64 M	140.49%
2018-12-31	$NZ$7.75 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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O.Y. Nofar Energy (NOFR.TA) - Net assets