Drax Group (DRX.L) - Net Assets

Net assets on the balance sheet as of December 2023 : C$3.42 B

According to Drax Group's latest financial reports the company has C$3.42 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Drax Group - Net assets on balance sheet (from 2005 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$3.35 B	54.14%
2022-12-31	$C$2.17 B	-2.88%
2021-12-31	$C$2.23 B	-4.01%
2020-12-31	$C$2.33 B	-21%
2019-12-31	$C$2.95 B	-7.17%
2018-12-31	$C$3.17 B	6.43%
2017-12-31	$C$2.98 B	-11.92%
2016-12-31	$C$3.39 B	2.73%
2015-12-31	$C$3.30 B	16.26%
2014-12-31	$C$2.83 B	14.62%
2013-12-31	$C$2.47 B	4.04%
2012-12-31	$C$2.38 B	15.54%
2011-12-31	$C$2.06 B	39.68%
2010-12-31	$C$1.47 B	-14.86%
2009-12-31	$C$1.73 B	41.87%
2008-12-31	$C$1.22 B	72.84%
2007-12-31	$C$0.70 B	-54.23%
2006-12-31	$C$1.54 B	249.29%
2005-12-31	$C$0.44 B	-148.66%
2004-12-31	$-C$0.91 B	-7.78%
2003-12-31	$-C$0.99 B	72.83%
2002-12-31	$-C$0.58 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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Drax Group (DRX.L) - Net assets