Redox Limited (RDX.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.59 Billion

According to Redox Limited's latest financial reports the company has NZ$0.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Redox Limited - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.25 B	-0.8%
2022-06-30	$NZ$0.25 B	32.01%
2021-06-30	$NZ$0.19 B	28.19%
2020-06-30	$NZ$0.15 B

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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Redox Limited (RDX.AX) - Net assets