MiX Telematics (MIXT) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$0.18 Billion

According to MiX Telematics's latest financial reports the company has NZ$0.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MiX Telematics - Net assets on balance sheet (from 2020 to 2019)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.17 B	-4.91%
2022-03-31	$NZ$0.18 B	3.41%
2021-03-31	$NZ$0.17 B	6.2%
2020-03-31	$NZ$0.16 B	1291.12%
2019-03-31	$NZ$11.96 M	-20.02%
2018-03-31	$NZ$14.95 M	31.4%
2017-03-31	$NZ$11.38 M	-8.56%
2016-03-31	$NZ$12.44 M	-26.75%
2015-03-31	$NZ$16.99 M	-0.96%
2014-03-31	$NZ$17.15 M	41.17%
2013-03-31	$NZ$12.15 M	-24.46%
2012-03-31	$NZ$16.08 M	-16.51%
2011-03-31	$NZ$19.26 M	12.99%
2010-03-31	$NZ$17.05 M	32.94%
2009-03-31	$NZ$12.82 M	13.57%
2008-03-31	$NZ$11.29 M	-621.1%
2007-03-31	$-NZ$2.17 Million

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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