Loop Media (LPTV) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$18.68 M

According to Loop Media's latest financial reports the company has -A$18.68 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Loop Media - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$-A$7.5 M	-185.24%
2022-09-30	$A$8.79 M	111.7%
2021-09-30	$A$4.15 M
2020-12-31	$A$4.76 M
2019-06-30	$-A$0.33 M	31.5%
2018-06-30	$-A$0.25 M	146.88%
2017-06-30	$-A$0.1 M	69.12%
2016-06-30	$-A$0.06 M	-249.77%
2015-06-30	$A$0.03 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sinclair Broadcast SBGI	A$0.41 B	-2,308.27%	🇺🇸 USA

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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Loop Media (LPTV) - Net assets

Net assets on the balance sheet as of June 2024 : -A$18.68 M