Netwealth (NWL.AX) - Net Assets

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

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

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$C$0.13 B	22.72%
2023-06-30	$C$0.10 B	16.8%
2022-06-30	$C$92.4 M	6.47%
2021-06-30	$C$86.78 M	21.64%
2020-06-30	$C$71.35 M	21.25%
2019-06-30	$C$58.84 M	-10.33%
2018-06-30	$C$65.62 M	71.51%
2017-06-30	$C$38.26 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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Netwealth (NWL.AX) - Net assets