Varengold Bank AG (VG8.DE)

Net assets on the balance sheet as of December 2022 : $69.6 M

According to Varengold Bank AG's latest financial reports the company has $69.6 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Varengold Bank AG - Net assets on balance sheet (from 2009 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$$69.6 M	9.58%
2021-12-31	$$63.51 M	34.39%
2020-12-31	$$47.26 M	23.26%
2019-12-31	$$38.34 M	35.13%
2018-12-31	$$28.37 M	28.12%
2017-12-31	$$22.14 M	55.09%
2016-12-31	$$14.28 M	445.56%
2015-12-31	$$2.61 M	-82.19%
2014-12-31	$$14.7 M	22.65%
2013-12-31	$$11.98 M	2.38%
2012-12-31	$$11.7 M	84.13%
2011-12-31	$$6.35 M	-23.74%
2010-12-31	$$8.33 M	32.07%
2009-12-31	$$6.31 M

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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Varengold Bank AG (VG8.DE) - Net assets