Vestis (VSTS) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.38 Billion

According to Vestis's latest financial reports the company has A$1.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-09-30	$A$1.36 B	-61.94%
2022-09-30	$A$3.58 B	10.42%
2021-09-30	$A$3.24 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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Vestis (VSTS) - Net assets