Penguin Solutions (PENG)

Net assets on the balance sheet as of November 2024 : NZ$0.71 Billion

According to Penguin Solutions's latest financial reports the company has NZ$0.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Penguin Solutions - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-08-31	$NZ$0.63 B	65.87%
2023-08-31	$NZ$0.38 B	-37.62%
2022-08-31	$NZ$0.61 B	35.46%
2021-08-31	$NZ$0.45 B	8.97%
2020-08-31	$NZ$0.41 B	-3.45%
2019-08-31	$NZ$0.43 B	53.91%
2018-08-31	$NZ$0.28 B	146.07%
2017-08-31	$NZ$0.11 B	-6795.39%
2016-08-31	$-NZ$1.71 Million	-112.78%
2015-08-31	$NZ$13.36 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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Penguin Solutions (PENG) - Net assets