PB Fintech (POLICYBZR.NS)

Net assets on the balance sheet as of March 2024 : A$1.07 Billion

According to PB Fintech's latest financial reports the company has A$1.07 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PB Fintech - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.99 B	4.56%
2022-03-31	$A$0.95 B	166.88%
2021-03-31	$A$0.35 B	30.97%
2020-03-31	$A$0.27 B	173.12%
2019-03-31	$A$99.64 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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PB Fintech (POLICYBZR.NS) - Net assets