IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2023 : €0.31 B

According to IDP Education's latest financial reports the company has €0.31 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	$€0.31 B	5.2%
2022-06-30	$€0.30 B	22.31%
2021-06-30	$€0.24 B	1.99%
2020-06-30	$€0.24 B	153.66%
2019-06-30	$€94.91 M	48.14%
2018-06-30	$€64.06 M	7.23%
2017-06-30	$€59.74 M	12.74%
2016-06-30	$€52.99 M	78.24%
2015-06-30	$€29.73 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