Instabank ASA (INSTA.OL)

Net assets on the balance sheet as of June 2024 : A$0.14 Billion

According to Instabank ASA's latest financial reports the company has A$0.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Instabank ASA - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.13 B	15.77%
2022-12-31	$A$0.11 B	13.31%
2021-12-31	$A$0.10 B	17.31%
2020-12-31	$A$88.98 M	-3.24%
2019-12-31	$A$91.95 M	16.61%
2018-12-31	$A$78.85 M	78.69%
2017-12-31	$A$44.13 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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Instabank ASA (INSTA.OL) - Net assets