Abacus Life (ABL) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.40 Billion

According to Abacus Life's latest financial reports the company has A$0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Abacus Life - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.24 B	482.17%
2022-12-31	$A$41.36 M	1001.34%
2021-12-31	$A$3.75 M	38.6%
2020-12-31	$A$2.7 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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Abacus Life (ABL) - Net assets