The Platform Group (TPG.F)

Net assets on the balance sheet as of December 2023 : NZ$0.16 Billion

According to The Platform Group's latest financial reports the company has NZ$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Platform Group - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.14 B	79.05%
2022-12-31	$NZ$79.66 M	-5.91%
2021-12-31	$NZ$84.66 M	-5.41%
2020-12-31	$NZ$89.51 M	308.12%
2019-12-31	$NZ$21.93 M	22.35%
2018-12-31	$NZ$17.92 M	-60.1%
2017-12-31	$NZ$44.93 M	9.97%
2016-12-31	$NZ$40.85 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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The Platform Group (TPG.F) - Net assets