Midwich Group (MIDW.L)

Net assets on the balance sheet as of December 2023 : A$0.37 B

According to Midwich Group's latest financial reports the company has A$0.37 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Midwich Group - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.36 B	53.81%
2022-12-31	$A$0.23 B	11.99%
2021-12-31	$A$0.21 B	12.86%
2020-12-31	$A$0.18 B	53.06%
2019-12-31	$A$0.12 B	17.14%
2018-12-31	$A$0.10 B	14.49%
2017-12-31	$A$91.9 M	15.24%
2016-12-31	$A$79.75 M	216.38%
2015-12-31	$A$25.2 M	57.85%
2014-12-31	$A$15.96 M	-67.32%
2013-12-31	$A$48.86 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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Midwich Group (MIDW.L) - Net assets