Varia US Properties (VARN.SW)

Net assets on the balance sheet as of June 2024 : NZ$0.58 B

According to Varia US Properties's latest financial reports the company has NZ$0.58 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Varia US Properties - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.62 B	-34.5%
2022-12-31	$NZ$0.95 B	27.7%
2021-12-31	$NZ$0.75 B	38.63%
2020-12-31	$NZ$0.54 B	8.66%
2019-12-31	$NZ$0.49 B	0.07%
2018-12-31	$NZ$0.49 B	30.86%
2017-12-31	$NZ$0.38 B	17.21%
2016-12-31	$NZ$0.32 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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Varia US Properties (VARN.SW) - Net assets