Amalgamated Financial (AMAL)

Net assets on the balance sheet as of September 2024 : S$0.94 Billion

According to Amalgamated Financial's latest financial reports the company has S$0.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Amalgamated Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.77 B	13.31%
2022-12-31	$S$0.68 B	-10.49%
2021-12-31	$S$0.76 B	7.54%
2020-12-31	$S$0.70 B	7.19%
2019-12-31	$S$0.66 B	10.18%
2018-12-31	$S$0.60 B	30.43%
2017-12-31	$S$0.46 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	S$0.53 B	-43.79%	🇺🇸 USA
National Bank Holdings NBHC	S$1.75 B	85.01%	🇺🇸 USA

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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Amalgamated Financial (AMAL) - Net assets

Net assets on the balance sheet as of September 2024 : S$0.94 Billion