Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : A$1.33 Billion

According to Xero's latest financial reports the company has A$1.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xero - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.98 B	2.66%
2022-03-31	$A$0.96 B	40.33%
2021-03-31	$A$0.68 B	66.3%
2020-03-31	$A$0.41 B	21.7%
2019-03-31	$A$0.33 B	61.44%
2018-03-31	$A$0.20 B	2.39%
2017-03-31	$A$0.20 B	-18.58%
2016-03-31	$A$0.25 B	-25.84%
2015-03-31	$A$0.33 B	41.78%
2014-03-31	$A$0.23 B	190.35%
2013-03-31	$A$82.35 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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Xero (XRO.AX) - Net assets