IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2023 : ₹28.92 B

According to IDP Education's latest financial reports the company has ₹28.92 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDP Education - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$₹28.29 B	13.81%
2022-06-30	$₹24.86 B	14.99%
2021-06-30	$₹21.62 B	5.71%
2020-06-30	$₹20.45 B	174.41%
2019-06-30	$₹7.45 B	45.23%
2018-06-30	$₹5.13 B	16.49%
2017-06-30	$₹4.40 B	10.93%
2016-06-30	$₹3.97 B	86.38%
2015-06-30	$₹2.13 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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IDP Education (IEL.AX) - Net assets