NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : $83.75 M

According to NZME Limited's latest financial reports the company has $83.75 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NZME Limited - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$83.75 M	-4.25%
2022-12-31	$$87.47 M	-18.7%
2021-12-31	$$0.10 B	13.26%
2020-12-31	$$94.99 M	20.91%
2019-12-31	$$78.56 M	-59.16%
2018-12-31	$$0.19 B	-6.29%
2017-12-31	$$0.20 B	3.78%
2016-12-31	$$0.19 B	3.11%
2015-12-31	$$0.19 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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NZME Limited (NZM.NZ) - Net assets