THG (The Hut Group) (THG.L)

Net assets on the balance sheet as of December 2023 : A$1.97 Billion

According to THG (The Hut Group)'s latest financial reports the company has A$1.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

THG (The Hut Group) - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.31 B	-29.21%
2021-12-31	$A$3.26 B	61.12%
2020-12-31	$A$2.02 B	131.62%
2019-12-31	$A$0.87 B	28.09%
2018-12-31	$A$0.68 B	48.61%
2017-12-31	$A$0.46 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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THG (The Hut Group) (THG.L) - Net assets