Fortescue (FMG.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : C$28.10 Billion

According to Fortescue's latest financial reports the company has C$28.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$23.84 B	6.72%
2022-06-30	$C$22.34 B	35.28%
2021-06-30	$C$16.51 B	32.9%
2020-06-30	$C$12.42 B	27.21%
2019-06-30	$C$9.77 B	3.13%
2018-06-30	$C$9.47 B	-2.53%
2017-06-30	$C$9.71 B	19.67%
2016-06-30	$C$8.12 B	13.15%
2015-06-30	$C$7.17 B	-5.76%
2014-06-30	$C$7.61 B	49.77%
2013-06-30	$C$5.08 B	29.62%
2012-06-30	$C$3.92 B	55.81%
2011-06-30	$C$2.51 B	90.74%
2010-06-30	$C$1.32 B	65.64%
2009-06-30	$C$0.79 B	-152.03%
2008-06-30	$-C$1.54 Billion	-505.29%
2007-06-30	$C$0.37 B	232.97%
2006-06-30	$C$0.11 B	79.83%
2005-06-30	$C$63.12 M	597.11%
2004-06-30	$C$9.05 M	218.5%
2003-06-30	$C$2.84 M	126.06%
2002-06-30	$C$1.25 M	31.51%
2001-06-30	$C$0.95 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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Fortescue (FMG.AX) - Net assets