029 Group (Z29.DE) - Net Assets

Net assets on the balance sheet as of December 2023 : A$27.7 Million

According to 029 Group's latest financial reports the company has A$27.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

029 Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$25.4 M	-24.27%
2022-12-31	$A$33.54 M	14802.44%
2021-12-31	$A$0.22 M	-15.11%
2020-12-31	$A$0.26 M	-3.97%
2019-12-31	$A$0.27 M	-6.17%
2018-12-31	$A$0.29 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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029 Group (Z29.DE) - Net assets