Wesfarmers (WES.AX) - Net Assets

Net assets on the balance sheet as of June 2023 : £4.20 B

According to Wesfarmers 's latest financial reports the company has £4.20 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wesfarmers - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£4.34 B	-4.2%
2022-06-30	$£4.53 B	-14.16%
2021-06-30	$£5.27 B	1.5%
2020-06-30	$£5.20 B	-5.69%
2019-06-30	$£5.51 B	-56.75%
2018-06-30	$£12.75 B	-9.76%
2017-06-30	$£14.13 B	11.43%
2016-06-30	$£12.68 B	4.56%
2015-06-30	$£12.12 B	-15.63%
2014-06-30	$£14.37 B	-8.05%
2013-06-30	$£15.63 B	-6.55%
2012-06-30	$£16.73 B	-0.47%
2011-06-30	$£16.80 B	20.53%
2010-06-30	$£13.94 B	17.94%
2009-06-30	$£11.82 B	25.63%
2008-06-30	$£9.41 B	535.3%
2007-06-30	$£1.48 B	15.67%
2006-06-30	$£1.28 B	-1.63%
2005-06-30	$£1.30 B	2.26%
2004-06-30	$£1.27 B	-16.51%
2003-06-30	$£1.52 B	22.11%
2002-06-30	$£1.24 B	113.5%
2001-06-30	$£0.58 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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Wesfarmers (WES.AX) - Net assets