TFS Financial (TFSL) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$3.24 Billion

According to TFS Financial's latest financial reports the company has NZ$3.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TFS Financial - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$NZ$3.21 B	0.1%
2022-09-30	$NZ$3.21 B	27.42%
2021-09-30	$NZ$2.52 B	-0.48%
2020-09-30	$NZ$2.53 B	-6.16%
2019-09-30	$NZ$2.69 B	1.6%
2018-09-30	$NZ$2.65 B	13.05%
2017-09-30	$NZ$2.34 B	2.55%
2016-09-30	$NZ$2.29 B	-15.8%
2015-09-30	$NZ$2.72 B	14.89%
2014-09-30	$NZ$2.36 B	4.66%
2013-09-30	$NZ$2.26 B	4.02%
2012-09-30	$NZ$2.17 B	-5.65%
2011-09-30	$NZ$2.30 B	-3.12%
2010-09-30	$NZ$2.38 B	-1.37%
2009-09-30	$NZ$2.41 B	-12.37%
2008-09-30	$NZ$2.75 B	3.76%
2007-09-30	$NZ$2.65 B	71.1%
2006-09-30	$NZ$1.55 B	10.41%
2005-09-30	$NZ$1.40 B
2003-09-30	$NZ$1.44 B	-15.37%
2002-09-30	$NZ$1.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Flagstar Bank FBC	NZ$4.55 B	40.45%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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