Redox Limited (RDX.AX)

Net assets on the balance sheet as of June 2024 : A$0.53 B

According to Redox Limited's latest financial reports the company has A$0.53 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Redox Limited - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.23 B	0.49%
2022-06-30	$A$0.23 B	28.38%
2021-06-30	$A$0.18 B	27.5%
2020-06-30	$A$0.14 B

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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Redox Limited (RDX.AX) - Net assets