Vestis (VSTS) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.45 B

According to Vestis's latest financial reports the company has NZ$1.45 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vestis - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$NZ$1.46 B	-64.68%
2022-09-30	$NZ$4.14 B	22.44%
2021-09-30	$NZ$3.38 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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Vestis (VSTS) - Net assets