Frontier Communications (FYBR)

Net assets on the balance sheet as of September 2024 : HK$39.36 Billion

According to Frontier Communications's latest financial reports the company has HK$39.36 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Frontier Communications - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$41.22 B	2.78%
2022-12-31	$HK$40.11 B	11.83%
2021-12-31	$HK$35.86 B	-194.43%
2020-12-31	$-HK$37.99 Billion

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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Frontier Communications (FYBR) - Net assets