Drax Group (DRX.L) - Net Assets

Net assets on the balance sheet as of December 2023 : A$3.90 Billion

According to Drax Group's latest financial reports the company has A$3.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Drax Group - Net assets on balance sheet (from 2005 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$3.70 B	57.51%
2022-12-31	$A$2.35 B	-3.25%
2021-12-31	$A$2.43 B	2.48%
2020-12-31	$A$2.37 B	-26.11%
2019-12-31	$A$3.21 B	-2.37%
2018-12-31	$A$3.29 B	8.15%
2017-12-31	$A$3.04 B	-13.08%
2016-12-31	$A$3.50 B	7.4%
2015-12-31	$A$3.25 B	8.96%
2014-12-31	$A$2.99 B	14.74%
2013-12-31	$A$2.60 B	13.47%
2012-12-31	$A$2.29 B	16.29%
2011-12-31	$A$1.97 B	35.71%
2010-12-31	$A$1.45 B	-21.13%
2009-12-31	$A$1.84 B	28.17%
2008-12-31	$A$1.44 B	75.57%
2007-12-31	$A$0.82 B	-51.24%
2006-12-31	$A$1.68 B	224.19%
2005-12-31	$A$0.51 B	-148.19%
2004-12-31	$-A$1.08 Billion	5.59%
2003-12-31	$-A$1.02 Billion	59.21%
2002-12-31	$-A$0.65 Billion

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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Drax Group (DRX.L) - Net assets