Fortescue (FMG.AX) - Net assets

Net assets on the balance sheet as of June 2024 : €18.42 Billion

According to Fortescue's latest financial reports the company has €18.42 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	$€16.56 B	-0.26%
2022-06-30	$€16.60 B	48.3%
2021-06-30	$€11.19 B	38.36%
2020-06-30	$€8.09 B	23.81%
2019-06-30	$€6.53 B	6.17%
2018-06-30	$€6.15 B	-5.85%
2017-06-30	$€6.53 B	15.87%
2016-06-30	$€5.64 B	9.51%
2015-06-30	$€5.15 B	-1.54%
2014-06-30	$€5.23 B	40.85%
2013-06-30	$€3.71 B	22.07%
2012-06-30	$€3.04 B	69.32%
2011-06-30	$€1.79 B	76.97%
2010-06-30	$€1.01 B	107.94%
2009-06-30	$€0.48 B	-151.19%
2008-06-30	$-€0.96 Billion	-459.67%
2007-06-30	$€0.26 B	233.02%
2006-06-30	$€79.66 M	86.88%
2005-06-30	$€42.63 M	664.76%
2004-06-30	$€5.57 M	202.08%
2003-06-30	$€1.84 M	120.71%
2002-06-30	$€0.83 M	12.53%
2001-06-30	$€0.74 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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