Purmo Group (PURMO.HE)

Net assets on the balance sheet as of June 2024 : A$0.67 B

According to Purmo Group's latest financial reports the company has A$0.67 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Purmo Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.70 B	11.26%
2022-12-31	$A$0.63 B	3.99%
2021-12-31	$A$0.61 B	-25.54%
2020-12-31	$A$0.82 B	22221971.97%
2019-12-31	$A$0 M	-22.18%
2018-12-31	$A$0 M	-6.41%
2017-12-31	$A$0 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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Purmo Group (PURMO.HE) - Net assets