IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2023 : S$0.44 B

According to IDP Education's latest financial reports the company has S$0.44 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDP Education - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$0.46 B	6.6%
2022-06-30	$S$0.43 B	11.73%
2021-06-30	$S$0.39 B	3.73%
2020-06-30	$S$0.37 B	158.07%
2019-06-30	$S$0.14 B	43.1%
2018-06-30	$S$0.10 B	8.88%
2017-06-30	$S$93.85 M	18.16%
2016-06-30	$S$79.43 M	76.34%
2015-06-30	$S$45.04 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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IDP Education (IEL.AX) - Net assets