Fortescue (FMG.AX) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$34.50 Billion

According to Fortescue's latest financial reports the company has NZ$34.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$29.66 B	6.47%
2022-06-30	$NZ$27.86 B	46.15%
2021-06-30	$NZ$19.06 B	34.63%
2020-06-30	$NZ$14.15 B	27.87%
2019-06-30	$NZ$11.07 B	4.09%
2018-06-30	$NZ$10.63 B	3.95%
2017-06-30	$NZ$10.23 B	16.11%
2016-06-30	$NZ$8.81 B	4.24%
2015-06-30	$NZ$8.45 B	3.92%
2014-06-30	$NZ$8.13 B	30.35%
2013-06-30	$NZ$6.24 B	30.02%
2012-06-30	$NZ$4.80 B	52.4%
2011-06-30	$NZ$3.15 B	73.84%
2010-06-30	$NZ$1.81 B	70.66%
2009-06-30	$NZ$1.06 B	-153.84%
2008-06-30	$-NZ$1.98 Billion	-525.26%
2007-06-30	$NZ$0.46 B	177.85%
2006-06-30	$NZ$0.16 B	125.72%
2005-06-30	$NZ$73.96 M	590.76%
2004-06-30	$NZ$10.7 M	195.34%
2003-06-30	$NZ$3.62 M	112.37%
2002-06-30	$NZ$1.7 M	9.94%
2001-06-30	$NZ$1.55 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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