Fortescue (FMG.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : S$26.13 Billion

According to Fortescue's latest financial reports the company has S$26.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$24.40 B	1.05%
2022-06-30	$S$24.15 B	34.81%
2021-06-30	$S$17.91 B	41.3%
2020-06-30	$S$12.68 B	25.93%
2019-06-30	$S$10.07 B	2.56%
2018-06-30	$S$9.81 B	-4.77%
2017-06-30	$S$10.31 B	21.95%
2016-06-30	$S$8.45 B	8.55%
2015-06-30	$S$7.78 B	-12.72%
2014-06-30	$S$8.92 B	45.69%
2013-06-30	$S$6.12 B	25.46%
2012-06-30	$S$4.88 B	52.13%
2011-06-30	$S$3.20 B	84.61%
2010-06-30	$S$1.73 B	75.12%
2009-06-30	$S$0.99 B	-148.61%
2008-06-30	$-S$2.05 Billion	-473.36%
2007-06-30	$S$0.54 B	239.44%
2006-06-30	$S$0.16 B	85.53%
2005-06-30	$S$86.85 M	643.09%
2004-06-30	$S$11.68 M	215.39%
2003-06-30	$S$3.7 M	152.72%
2002-06-30	$S$1.46 M	27.45%
2001-06-30	$S$1.15 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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Fortescue (FMG.AX) - Net assets