Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : £0.63 B

According to Xero's latest financial reports the company has £0.63 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xero - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£0.53 B	-2.38%
2022-03-31	$£0.54 B	45.04%
2021-03-31	$£0.37 B	86.47%
2020-03-31	$£0.20 B	10.26%
2019-03-31	$£0.18 B	60.01%
2018-03-31	$£0.11 B	-7.95%
2017-03-31	$£0.12 B	-6.81%
2016-03-31	$£0.13 B	-23.5%
2015-03-31	$£0.17 B	31.77%
2014-03-31	$£0.13 B	135.51%
2013-03-31	$£56.41 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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Xero (XRO.AX) - Net assets