Penneo A/S (PENNEO.CO)

Net assets on the balance sheet as of September 2024 : NZ$19.67 Million

According to Penneo A/S's latest financial reports the company has NZ$19.67 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Penneo A/S - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$22.03 M	-7.92%
2022-12-31	$NZ$23.92 M	88.2%
2021-12-31	$NZ$12.71 M	-3.6%
2020-12-31	$NZ$13.19 M	561.59%
2019-12-31	$NZ$1.99 M	43.67%
2018-12-31	$NZ$1.38 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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Penneo A/S (PENNEO.CO) - Net assets