Netwealth (NWL.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.17 Billion

According to Netwealth's latest financial reports the company has NZ$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.13 B	16.53%
2022-06-30	$NZ$0.11 B	15.03%
2021-06-30	$NZ$0.10 B	23.22%
2020-06-30	$NZ$81.28 M	21.88%
2019-06-30	$NZ$66.69 M	-9.49%
2018-06-30	$NZ$73.69 M	82.92%
2017-06-30	$NZ$40.28 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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Netwealth (NWL.AX) - Net assets