Bank of Innovation (4393.T)

Net assets on the balance sheet as of March 2024 : A$46.93 Million

According to Bank of Innovation's latest financial reports the company has A$46.93 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of Innovation - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$A$38.25 M	804.11%
2022-09-30	$A$4.23 M	-52.92%
2021-09-30	$A$8.98 M	-46.03%
2020-09-30	$A$16.65 M	-13.45%
2019-09-30	$A$19.23 M	42.12%
2018-09-30	$A$13.53 M	126.33%
2017-09-30	$A$5.98 M	40.3%
2016-09-30	$A$4.26 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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Bank of Innovation (4393.T) - Net assets