Viva Energy (VEA.AX)

Net assets on the balance sheet as of December 2023 : NZ$2.34 Billion

According to Viva Energy's latest financial reports the company has NZ$2.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Viva Energy - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.16 B	-14.4%
2022-12-31	$NZ$2.53 B	12.88%
2021-12-31	$NZ$2.24 B	2.25%
2020-12-31	$NZ$2.19 B	-22.58%
2019-12-31	$NZ$2.83 B	-2.98%
2018-12-31	$NZ$2.91 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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Viva Energy (VEA.AX) - Net assets