Audinate Group (AD8.AX)

Net assets on the balance sheet as of June 2023 : $60.1 M

According to Audinate Group's latest financial reports the company has $60.1 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Audinate Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$60.1 M	15.47%
2022-06-30	$$52.05 M	-11.98%
2021-06-30	$$59.13 M	104.49%
2020-06-30	$$28.92 M	0.1%
2019-06-30	$$28.89 M	91.55%
2018-06-30	$$15.08 M	11.72%
2017-06-30	$$13.5 M
2016-12-31	$$12.53 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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Audinate Group (AD8.AX) - Net assets