Canary Wharf Group's net worth, based on its most recent available financial reports from 2022, is £2,466,176,537.00.
Understanding Canary Wharf Group's Financial Position
Net worth, also known as shareholders' equity, represents the total assets of a company minus its total liabilities. It is a key indicator of a company's financial health and its value to its owners. While the latest figure for Canary Wharf Group indicates a significant valuation, it's insightful to look at the trend over recent years.
Key Financial Overview
Here's a snapshot of Canary Wharf Group's financial data for 2019 and 2022, providing context for its net worth:
| Metric | 2019 | 2022 |
|---|---|---|
| Cash | £399,364.00 | £238,374.00 |
| Net Worth | £2,753,832,021.00 | £2,466,176,537.00 |
| Total Current Assets | £167,211,345.00 | £300,180,718.00 |
| Total Current Liabilities | £154,190,707.00 | £1,278,907,528.00 |
As shown in the table, the company's net worth experienced a decrease from over £2.75 billion in 2019 to approximately £2.47 billion in 2022. This shift reflects changes in its asset base and liabilities over this period. While total current assets increased, total current liabilities saw a substantial rise, impacting the overall net worth.
