Basic-Fit (BFIT.AS) - Net Assets

Net assets on the balance sheet as of December 2023 : A$0.71 Billion

According to Basic-Fit's latest financial reports the company has A$0.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Basic-Fit - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.63 B	-0.37%
2021-12-31	$A$0.64 B	29.05%
2020-12-31	$A$0.49 B	1.35%
2019-12-31	$A$0.49 B	2.38%
2018-12-31	$A$0.47 B	9.36%
2017-12-31	$A$0.43 B	-1.61%
2016-12-31	$A$0.44 B	-1357.07%
2015-12-31	$-A$35.42 Million	5507.16%
2014-12-31	$-A$0.64 Million	-101.76%
2013-12-31	$A$35.82 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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Basic-Fit (BFIT.AS) - Net assets