Aussie Broadband Limited (ABB.AX)

Net assets on the balance sheet as of June 2024 : £0.29 B

According to Aussie Broadband Limited's latest financial reports the company has £0.29 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aussie Broadband Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$£0.15 B	0.25%
2022-06-30	$£0.15 B	371.54%
2021-06-30	$£32.35 M	21.4%
2020-06-30	$£26.65 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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Aussie Broadband Limited (ABB.AX) - Net assets