Vitesco Technologies Group (VTSC.DE)

Net assets on the balance sheet as of June 2024 : NZ$5.35 Billion

According to Vitesco Technologies Group's latest financial reports the company has NZ$5.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitesco Technologies Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$5.17 B	16.05%
2021-12-31	$NZ$4.45 B	-1.28%
2020-12-31	$NZ$4.51 B	-14.61%
2019-12-31	$NZ$5.28 B	-39.14%
2018-12-31	$NZ$8.68 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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Vitesco Technologies Group (VTSC.DE) - Net assets