IHS Towers (IHS) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$0.45 Billion

According to IHS Towers's latest financial reports the company has -A$0.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IHS Towers - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.50 B	-74.49%
2022-12-31	$A$1.99 B	-16.89%
2021-12-31	$A$2.40 B	51.06%
2020-12-31	$A$1.59 B	-22.07%
2019-12-31	$A$2.04 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Tower AMT	A$15.67 B	-3,619.49%	🇺🇸 USA
Crown Castle CCI	A$8.14 B	-1,928.65%	🇺🇸 USA
China Tower 0788.HK	A$43.00 B	-9,756.99%	🇨🇳 China

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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IHS Towers (IHS) - Net assets

Net assets on the balance sheet as of June 2024 : -A$0.45 Billion