Phoenix Group (PHNX.L)

Net assets on the balance sheet as of December 2023 : NZ$7.90 Billion

According to Phoenix Group's latest financial reports the company has NZ$7.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phoenix Group - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$7.12 B	-11.69%
2022-12-31	$NZ$8.07 B	-39.21%
2021-12-31	$NZ$13.28 B	-10.68%
2020-12-31	$NZ$14.87 B	36.56%
2019-12-31	$NZ$10.88 B	-3.27%
2018-12-31	$NZ$11.25 B	87.51%
2017-12-31	$NZ$6.00 B	1.12%
2016-12-31	$NZ$5.93 B	-8.72%
2015-12-31	$NZ$6.50 B	-0.14%
2014-12-31	$NZ$6.51 B	20.77%
2013-12-31	$NZ$5.39 B	15.25%
2012-12-31	$NZ$4.68 B	-0.68%
2011-12-31	$NZ$4.71 B	2.38%
2010-12-31	$NZ$4.60 B	-3.47%
2009-12-31	$NZ$4.76 B	229.46%
2008-12-31	$NZ$1.44 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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Phoenix Group (PHNX.L) - Net assets