IPD Group Limited (IPG.AX)

Net assets on the balance sheet as of June 2023 : S$63.29 M

According to IPD Group Limited's latest financial reports the company has S$63.29 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IPD Group Limited - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$65.7 M	7.84%
2022-06-30	$S$60.92 M	20.77%
2021-06-30	$S$50.44 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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IPD Group Limited (IPG.AX) - Net assets