Nedbank (NED.JO) - Net Assets

Net assets on the balance sheet as of December 2023 : S$8.49 B

According to Nedbank's latest financial reports the company has S$8.49 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nedbank - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$8.61 B	-6.26%
2022-12-31	$S$9.19 B	-1.09%
2021-12-31	$S$9.29 B	2.48%
2020-12-31	$S$9.06 B	-3.41%
2019-12-31	$S$9.38 B	8.87%
2018-12-31	$S$8.62 B	-10.27%
2017-12-31	$S$9.61 B	11.64%
2016-12-31	$S$8.60 B	19.96%
2015-12-31	$S$7.17 B	-11.46%
2014-12-31	$S$8.10 B	3.57%
2013-12-31	$S$7.82 B	-5.56%
2012-12-31	$S$8.28 B	-1.51%
2011-12-31	$S$8.41 B	-9.55%
2010-12-31	$S$9.30 B	8.91%
2009-12-31	$S$8.54 B	38.6%
2008-12-31	$S$6.16 B	-17.48%
2007-12-31	$S$7.46 B	16.02%
2006-12-31	$S$6.43 B	-7.27%
2005-12-31	$S$6.94 B	21.88%
2004-12-31	$S$5.69 B	47.74%
2003-12-31	$S$3.85 B	103.16%
2002-12-31	$S$1.89 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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Nedbank (NED.JO) - Net assets