Fortescue (FMG.AX) - Net Assets

Net assets on the balance sheet as of June 2023 : HK$140.29 B

According to Fortescue's latest financial reports the company has HK$140.29 B 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$141.03 B	3.61%
2022-06-30	$HK$136.11 B	31.52%
2021-06-30	$HK$103.48 B	46.72%
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	-3.18%
2017-06-30	$HK$58.39 B	19.87%
2016-06-30	$HK$48.71 B	8.66%
2015-06-30	$HK$44.83 B	-19%
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	47.55%
2011-06-30	$HK$20.25 B	109.49%
2010-06-30	$HK$9.67 B	81.94%
2009-06-30	$HK$5.31 B	-145.36%
2008-06-30	$-HK$11.72 B	-520.46%
2007-06-30	$HK$2.78 B	252.36%
2006-06-30	$HK$0.79 B	97.46%
2005-06-30	$HK$0.40 B	656.3%
2004-06-30	$HK$52.96 M	221.81%
2003-06-30	$HK$16.45 M	154.73%
2002-06-30	$HK$6.46 M	31.21%
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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Fortescue (FMG.AX) - Net assets