Proeduca Altus (PRO.MC)

Net assets on the balance sheet as of August 2023 : NZ$17.04 M

According to Proeduca Altus's latest financial reports the company has NZ$17.04 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Proeduca Altus - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-08-31	$NZ$17.51 M	-38.32%
2022-08-31	$NZ$28.4 M	-9.96%
2021-08-31	$NZ$31.54 M	12.29%
2020-08-31	$NZ$28.09 M	19.88%
2019-08-31	$NZ$23.43 M	936.15%
2018-08-31	$NZ$2.26 M	-51.9%
2017-08-31	$NZ$4.7 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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Proeduca Altus (PRO.MC) - Net assets