Pattern S.p.A. (PTR.MI)

Net assets on the balance sheet as of December 2023 : A$72.77 Million

According to Pattern S.p.A.'s latest financial reports the company has A$72.77 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pattern S.p.A. - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$68.95 M	47.64%
2022-12-31	$A$46.7 M	19%
2021-12-31	$A$39.24 M	17.21%
2020-12-31	$A$33.48 M	20.31%
2019-12-31	$A$27.83 M	147.84%
2018-12-31	$A$11.22 M	107.51%
2017-12-31	$A$5.41 M	25.45%
2016-12-31	$A$4.31 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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Pattern S.p.A. (PTR.MI) - Net assets