Fastned (FAST.AS) - Net Assets

Net assets on the balance sheet as of June 2023 : A$0.26 Billion

According to Fastned's latest financial reports the company has A$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fastned - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.25 B	48.43%
2021-12-31	$A$0.17 B	-690.13%
2020-12-31	$-A$28.91 Million	139.85%
2019-12-31	$-A$12.06 Million	-366.31%
2018-12-31	$A$4.52 M	-4.98%
2017-12-31	$A$4.76 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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Fastned (FAST.AS) - Net assets