Aussie Broadband Limited (ABB.AX)

Net assets on the balance sheet as of June 2024 : $0.38 Billion USD

According to Aussie Broadband Limited's latest financial reports the company has $0.38 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aussie Broadband Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.19 B	4.47%
2022-06-30	$$0.18 B	313.25%
2021-06-30	$$44.74 M	35.97%
2020-06-30	$$32.9 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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Aussie Broadband Limited (ABB.AX) - Net assets