Vitru (VTRU) - Net Assets

Net assets on the balance sheet as of December 2023 : A$0.75 Billion

According to Vitru's latest financial reports the company has A$0.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitru - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.60 B	128.99%
2021-12-31	$A$0.26 B	7.75%
2020-12-31	$A$0.24 B	52.63%
2019-12-31	$A$0.16 B	-15.65%
2018-12-31	$A$0.19 B	8.82%
2017-12-31	$A$0.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perdoceo Education PRDO	A$1.49 B	98.59%	🇺🇸 USA
Grand Canyon Education LOPE	A$1.22 B	62.23%	🇺🇸 USA

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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Vitru (VTRU) - Net assets

Net assets on the balance sheet as of December 2023 : A$0.75 Billion