Penneo A/S (PENNEO.CO) - Net assets

Net assets on the balance sheet as of September 2024 : A$15.88 Million

According to Penneo A/S's latest financial reports the company has A$15.88 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Penneo A/S - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$20.45 M	-8.39%
2022-12-31	$A$22.32 M	86.37%
2021-12-31	$A$11.97 M	-3.22%
2020-12-31	$A$12.37 M	545.39%
2019-12-31	$A$1.91 M	45.14%
2018-12-31	$A$1.32 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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