Netwealth (NWL.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.15 Billion

According to Netwealth's latest financial reports the company has A$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.12 B	18.04%
2022-06-30	$A$0.10 B	11.87%
2021-06-30	$A$93.18 M	22.56%
2020-06-30	$A$76.02 M	19.08%
2019-06-30	$A$63.84 M	-5.29%
2018-06-30	$A$67.41 M	75.93%
2017-06-30	$A$38.31 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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Netwealth (NWL.AX) - Net assets