Vitec Software Group (VIT-B.ST)

Net assets on the balance sheet as of March 2024 : NZ$0.54 B

According to Vitec Software Group's latest financial reports the company has NZ$0.54 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitec Software Group - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.53 B	10.05%
2022-12-31	$NZ$0.48 B	51.44%
2021-12-31	$NZ$0.32 B	124.2%
2020-12-31	$NZ$0.14 B	18.86%
2019-12-31	$NZ$0.12 B	8.42%
2018-12-31	$NZ$0.11 B	62.12%
2017-12-31	$NZ$68.53 M	29.01%
2016-12-31	$NZ$53.12 M	12.48%
2015-12-31	$NZ$47.23 M	10.42%
2014-12-31	$NZ$42.77 M	32.79%
2013-12-31	$NZ$32.21 M	12.62%
2012-12-31	$NZ$28.6 M	11.14%
2011-12-31	$NZ$25.73 M	19.27%
2010-12-31	$NZ$21.57 M	25.24%
2009-12-31	$NZ$17.22 M	45.64%
2008-12-31	$NZ$11.82 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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Vitec Software Group (VIT-B.ST) - Net assets