Avantax (AVTA) - Net Assets

Net assets on the balance sheet as of September 2023 : A$0.62 Billion

According to Avantax's latest financial reports the company has A$0.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avantax - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.09 B	131.77%
2021-12-31	$A$0.47 B	16.02%
2020-12-31	$A$0.40 B	-55.81%
2019-12-31	$A$0.91 B	6.57%
2018-12-31	$A$0.86 B	24.37%
2017-12-31	$A$0.69 B	19.87%
2016-12-31	$A$0.57 B	-8.83%
2015-12-31	$A$0.63 B	8.42%
2014-12-31	$A$0.58 B	1.56%
2013-12-31	$A$0.57 B	44.16%
2012-12-31	$A$0.39 B	15.2%
2011-12-31	$A$0.34 B	13.43%
2010-12-31	$A$0.30 B	-1.78%
2009-12-31	$A$0.31 B	-16.22%
2008-12-31	$A$0.37 B	22.26%
2007-12-31	$A$0.30 B	-64.67%
2006-12-31	$A$0.86 B	-5.28%
2005-12-31	$A$0.90 B	25.05%
2004-12-31	$A$0.72 B	20.98%
2003-12-31	$A$0.60 B	-24.47%
2002-12-31	$A$0.79 B	-48.13%
2001-12-31	$A$1.53 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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Avantax (AVTA) - Net assets