Ansarada Group (AND.AX)

Net assets on the balance sheet as of June 2023 : NZ$49.5 M

According to Ansarada Group's latest financial reports the company has NZ$49.5 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ansarada Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$49.93 M	-8.55%
2022-06-30	$NZ$54.6 M	-9.17%
2021-06-30	$NZ$60.12 M	2169.67%
2020-06-30	$NZ$2.64 M	-46.28%
2019-06-30	$NZ$4.93 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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Ansarada Group (AND.AX) - Net assets