Purmo Group (PURMO.HE)

Net assets on the balance sheet as of September 2024 : NZ$0.82 Billion

According to Purmo Group's latest financial reports the company has NZ$0.82 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Purmo Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.76 B	11.83%
2022-12-31	$NZ$0.68 B	5.19%
2021-12-31	$NZ$0.64 B	-26.57%
2020-12-31	$NZ$0.88 B	22930783.42%
2019-12-31	$NZ$0 M	-22.76%
2018-12-31	$NZ$0 M	-10.68%
2017-12-31	$NZ$0 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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Purmo Group (PURMO.HE) - Net assets