Wesfarmers (WES.AX) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$10.15 Billion

According to Wesfarmers 's latest financial reports the company has NZ$10.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wesfarmers - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$8.93 B	1.79%
2022-06-30	$NZ$8.78 B	-16%
2021-06-30	$NZ$10.45 B	4.93%
2020-06-30	$NZ$9.96 B	-4.36%
2019-06-30	$NZ$10.41 B	-58.13%
2018-06-30	$NZ$24.87 B	-1.03%
2017-06-30	$NZ$25.13 B	4.16%
2016-06-30	$NZ$24.12 B	-12.75%
2015-06-30	$NZ$27.65 B	-0.82%
2014-06-30	$NZ$27.88 B	-9.23%
2013-06-30	$NZ$30.71 B	-6.09%
2012-06-30	$NZ$32.70 B	-0.59%
2011-06-30	$NZ$32.90 B	9.68%
2010-06-30	$NZ$29.99 B	-0.19%
2009-06-30	$NZ$30.05 B	21.82%
2008-06-30	$NZ$24.66 B	539.35%
2007-06-30	$NZ$3.85 B	-0.62%
2006-06-30	$NZ$3.88 B	15.48%
2005-06-30	$NZ$3.36 B	-7.82%
2004-06-30	$NZ$3.64 B	-15.54%
2003-06-30	$NZ$4.31 B	9.65%
2002-06-30	$NZ$3.93 B	93.41%
2001-06-30	$NZ$2.03 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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