The Platform Group (TPG.F)

Net assets on the balance sheet as of December 2023 : A$0.14 Billion

According to The Platform Group's latest financial reports the company has A$0.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.13 B	78.14%
2022-12-31	$A$74.32 M	-6.82%
2021-12-31	$A$79.77 M	-5.03%
2020-12-31	$A$83.99 M	298.13%
2019-12-31	$A$21.09 M	23.6%
2018-12-31	$A$17.06 M	-58.24%
2017-12-31	$A$40.87 M	4.1%
2016-12-31	$A$39.26 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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The Platform Group (TPG.F) - Net assets