Fortescue (FMG.AX) - Net assets

Net assets on the balance sheet as of June 2024 : HK$151.76 Billion

According to Fortescue's latest financial reports the company has HK$151.76 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$141.08 B	3.67%
2022-06-30	$HK$136.08 B	31.55%
2021-06-30	$HK$103.44 B	46.66%
2020-06-30	$HK$70.53 B	21.28%
2019-06-30	$HK$58.16 B	2.86%
2018-06-30	$HK$56.54 B	-3.15%
2017-06-30	$HK$58.38 B	19.83%
2016-06-30	$HK$48.71 B	8.68%
2015-06-30	$HK$44.82 B	-19.01%
2014-06-30	$HK$55.35 B	47.62%
2013-06-30	$HK$37.49 B	25.44%
2012-06-30	$HK$29.89 B	47.57%
2011-06-30	$HK$20.25 B	109.35%
2010-06-30	$HK$9.67 B	82.04%
2009-06-30	$HK$5.31 B	-145.36%
2008-06-30	$-HK$11.72 Billion	-520.41%
2007-06-30	$HK$2.78 B	252.55%
2006-06-30	$HK$0.79 B	97.4%
2005-06-30	$HK$0.40 B	656.2%
2004-06-30	$HK$52.96 M	221.78%
2003-06-30	$HK$16.45 M	154.34%
2002-06-30	$HK$6.47 M	31.42%
2001-06-30	$HK$4.92 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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