Australian Finance Group (AFG.AX)

Net assets on the balance sheet as of June 2024 : $0.13 Billion USD

According to Australian Finance Group's latest financial reports the company has $0.13 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Australian Finance Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$0.13 B	4.79%
2023-06-30	$$0.13 B	-6.44%
2022-06-30	$$0.14 B	-7.32%
2021-06-30	$$0.15 B	24.53%
2020-06-30	$$0.12 B	66.38%
2019-06-30	$$73.6 M	6.54%
2018-06-30	$$69.08 M	-16.21%
2017-06-30	$$82.45 M	24.7%
2016-06-30	$$66.12 M	19.31%
2015-06-30	$$55.42 M
2014-12-31	$$51.85 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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Australian Finance Group (AFG.AX) - Net assets