Varta (VAR1.F) - Net Assets

Net assets on the balance sheet as of September 2023 : NZ$0.31 Billion

According to Varta's latest financial reports the company has NZ$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Varta - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.40 B	-54.18%
2021-12-31	$NZ$0.88 B	3.78%
2020-12-31	$NZ$0.85 B	23.31%
2019-12-31	$NZ$0.68 B	55.94%
2018-12-31	$NZ$0.44 B	13.64%
2017-12-31	$NZ$0.38 B	292.7%
2016-12-31	$NZ$99.14 M
2011-12-31	$NZ$44.11 M	-21.12%
2010-12-31	$NZ$55.92 M	-31.94%
2009-12-31	$NZ$82.17 M	21.28%
2008-12-31	$NZ$67.75 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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Varta (VAR1.F) - Net assets