Audinate Group (AD8.AX)

Net assets on the balance sheet as of June 2024 : $0.11 Billion USD

According to Audinate Group's latest financial reports the company has $0.11 Billion USD 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 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$0.11 B	89.29%
2023-06-30	$$60.1 M	15.75%
2022-06-30	$$51.92 M	-12.17%
2021-06-30	$$59.12 M	104.11%
2020-06-30	$$28.96 M	0.24%
2019-06-30	$$28.89 M	91.59%
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