Plutus Financial Group (PLUT)

Net assets on the balance sheet as of December 2023 : A$12.14 Million

According to Plutus Financial Group's latest financial reports the company has A$12.14 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Plutus Financial Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$11.41 M	-24.2%
2022-12-31	$A$15.06 M	-19.28%
2021-12-31	$A$18.65 M	120.13%
2020-12-31	$A$8.47 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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Plutus Financial Group (PLUT) - Net assets