IPD Group Limited (IPG.AX)

Net assets on the balance sheet as of June 2023 : $48.59 M

According to IPD Group Limited's latest financial reports the company has $48.59 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IPD Group Limited - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$48.59 M	10.79%
2022-06-30	$$43.86 M	16.97%
2021-06-30	$$37.49 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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IPD Group Limited (IPG.AX) - Net assets