Australian Finance Group (AFG.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.24 Billion

According to Australian Finance Group's latest financial reports the company has NZ$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Australian Finance Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$0.22 B	4.37%
2023-06-30	$NZ$0.21 B	-4%
2022-06-30	$NZ$0.22 B	4.07%
2021-06-30	$NZ$0.21 B	14.51%
2020-06-30	$NZ$0.19 B	74.01%
2019-06-30	$NZ$0.10 B	7.33%
2018-06-30	$NZ$0.10 B	-9.56%
2017-06-30	$NZ$0.11 B	21.54%
2016-06-30	$NZ$92.81 M	14.54%
2015-06-30	$NZ$81.03 M
2014-12-31	$NZ$66.18 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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Australian Finance Group (AFG.AX) - Net assets