Vintage Wine Estates (VWE)

Net assets on the balance sheet as of March 2024 : A$0.12 Billion

According to Vintage Wine Estates's latest financial reports the company has A$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vintage Wine Estates - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.26 B	-48.65%
2022-06-30	$A$0.50 B	5.52%
2021-06-30	$A$0.48 B	203.37%
2020-06-30	$A$0.15 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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Vintage Wine Estates (VWE) - Net assets