Redox Limited (RDX.AX)

Net assets on the balance sheet as of June 2024 : $0.35 Billion USD

According to Redox Limited's latest financial reports the company has $0.35 Billion USD 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	$$0.15 B	-3.32%
2022-06-30	$$0.16 B	17.56%
2021-06-30	$$0.13 B	39.4%
2020-06-30	$$98.16 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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Redox Limited (RDX.AX) - Net assets