TECOM Group (TECOM.AE)

Net assets on the balance sheet as of June 2024 : £1.35 B

According to TECOM Group's latest financial reports the company has £1.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TECOM Group - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£1.35 B	0.7%
2022-12-31	$£1.34 B	18.95%
2021-12-31	$£1.12 B	-8.2%
2020-12-31	$£1.23 B	-2.2%
2019-12-31	$£1.25 B

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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TECOM Group (TECOM.AE) - Net assets