IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2023 : C$0.46 B

According to IDP Education's latest financial reports the company has C$0.46 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDP Education - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$0.45 B	12.6%
2022-06-30	$C$0.40 B	12.28%
2021-06-30	$C$0.36 B	-2.05%
2020-06-30	$C$0.36 B	159.74%
2019-06-30	$C$0.14 B	43.91%
2018-06-30	$C$98.59 M	11.32%
2017-06-30	$C$88.56 M	15.64%
2016-06-30	$C$76.59 M	84.87%
2015-06-30	$C$41.42 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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IDP Education (IEL.AX) - Net assets