RXO (RXO) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.99 Billion

According to RXO's latest financial reports the company has NZ$0.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RXO - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.93 B	1.59%
2022-12-31	$NZ$0.92 B	-40.98%
2021-12-31	$NZ$1.56 B	5.83%
2020-12-31	$NZ$1.48 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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RXO (RXO) - Net assets