IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2023 : £0.26 B

According to IDP Education's latest financial reports the company has £0.26 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	$£0.27 B	4.91%
2022-06-30	$£0.25 B	22.63%
2021-06-30	$£0.21 B	-3.6%
2020-06-30	$£0.21 B	156.85%
2019-06-30	$£85.15 M	50.01%
2018-06-30	$£56.76 M	8.3%
2017-06-30	$£52.41 M	19.58%
2016-06-30	$£43.83 M	106.34%
2015-06-30	$£21.24 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