Australian Clinical Labs (ACL.AX)

Net assets on the balance sheet as of June 2023 : £87.68 M

According to Australian Clinical Labs's latest financial reports the company has £87.68 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Australian Clinical Labs - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£90.52 M	-31.45%
2022-06-30	$£0.13 B	196.65%
2021-06-30	$£44.51 M
2020-12-31	$£26.58 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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Australian Clinical Labs (ACL.AX) - Net assets