InnovAge (INNV) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.50 Billion

According to InnovAge's latest financial reports the company has NZ$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

InnovAge - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.51 B	-8.69%
2022-06-30	$NZ$0.56 B	10.96%
2021-06-30	$NZ$0.51 B	205.49%
2020-06-30	$NZ$0.16 B	38.37%
2019-06-30	$NZ$0.12 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
AcelRx Pharmaceuticals ACRX	NZ$23.64 M	-95.30%	🇺🇸 USA
Horizon Therapeutics HZNP	NZ$8.90 B	1,671.45%	🇮🇪 Ireland
Cocrystal Pharma COCP	NZ$29.14 M	-94.20%	🇺🇸 USA
Merck MRK	NZ$73.15 B	14,458.65%	🇺🇸 USA

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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InnovAge (INNV) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.50 Billion