Xlife Sciences (XLS.SW)

Net assets on the balance sheet as of December 2023 : A$0.66 Billion

According to Xlife Sciences's latest financial reports the company has A$0.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.63 B	18.63%
2022-12-31	$A$0.53 B	11.47%
2021-12-31	$A$0.48 B	151%
2020-12-31	$A$0.19 B	33.9%
2019-12-31	$A$0.14 B	13.14%
2018-12-31	$A$0.12 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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Xlife Sciences (XLS.SW) - Net assets