Virgin Money UK (VMUK.L)

Net assets on the balance sheet as of September 2023 : S$8.83 Billion

According to Virgin Money UK's latest financial reports the company has S$8.83 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virgin Money UK - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$S$9.34 B	-8.09%
2022-09-30	$S$10.16 B	1.84%
2021-09-30	$S$9.98 B	15.25%
2020-09-30	$S$8.66 B	1.51%
2019-09-30	$S$8.53 B	50.3%
2018-09-30	$S$5.67 B	-8.36%
2017-09-30	$S$6.19 B	9.07%
2016-09-30	$S$5.67 B	-23.56%
2015-09-30	$S$7.42 B	41.25%
2014-09-30	$S$5.25 B	5.82%
2013-09-30	$S$4.97 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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Virgin Money UK (VMUK.L) - Net assets