Aussie Broadband Limited (ABB.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.66 Billion

According to Aussie Broadband Limited's latest financial reports the company has NZ$0.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aussie Broadband Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$0.62 B	96.75%
2023-06-30	$NZ$0.31 B	7.19%
2022-06-30	$NZ$0.29 B	364.01%
2021-06-30	$NZ$64 M	25.03%
2020-06-30	$NZ$51.19 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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Aussie Broadband Limited (ABB.AX) - Net assets