Volvo Car (VOLCAR-B.ST)

Net assets on the balance sheet as of June 2024 : NZ$21.06 B

According to Volvo Car's latest financial reports the company has NZ$21.06 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Volvo Car - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$20.48 B	15.34%
2022-12-31	$NZ$17.76 B	16.45%
2021-12-31	$NZ$15.25 B	27.58%
2020-12-31	$NZ$11.95 B	18.42%
2019-12-31	$NZ$10.09 B	-0.66%
2018-12-31	$NZ$10.16 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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Volvo Car (VOLCAR-B.ST) - Net assets