Drax Group (DRX.L) - Net Assets

Net assets on the balance sheet as of December 2023 : A$3.78 B

According to Drax Group's latest financial reports the company has A$3.78 B 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	-3.21%
2021-12-31	$A$2.43 B	2.5%
2020-12-31	$A$2.37 B	-26.73%
2019-12-31	$A$3.23 B	-2.06%
2018-12-31	$A$3.30 B	8.67%
2017-12-31	$A$3.04 B	-13.08%
2016-12-31	$A$3.50 B	7.28%
2015-12-31	$A$3.26 B	9.31%
2014-12-31	$A$2.98 B	14.36%
2013-12-31	$A$2.61 B	13.3%
2012-12-31	$A$2.30 B	16.62%
2011-12-31	$A$1.97 B	35.72%
2010-12-31	$A$1.45 B	-20.84%
2009-12-31	$A$1.83 B	27.06%
2008-12-31	$A$1.44 B	75.47%
2007-12-31	$A$0.82 B	-50.97%
2006-12-31	$A$1.68 B	224.19%
2005-12-31	$A$0.51 B	-148.23%
2004-12-31	$-A$1.08 B	6.41%
2003-12-31	$-A$1.02 B	57.84%
2002-12-31	$-A$0.65 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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Drax Group (DRX.L) - Net assets