Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : S$1.13 Billion

According to Xero's latest financial reports the company has S$1.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xero - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$0.87 B	-9.77%
2022-03-31	$S$0.97 B	38.94%
2021-03-31	$S$0.70 B	94.06%
2020-03-31	$S$0.36 B	11.3%
2019-03-31	$S$0.32 B	54.01%
2018-03-31	$S$0.21 B	-3.64%
2017-03-31	$S$0.21 B	-15.87%
2016-03-31	$S$0.26 B	-27.14%
2015-03-31	$S$0.35 B	28.1%
2014-03-31	$S$0.27 B	162.05%
2013-03-31	$S$0.10 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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Xero (XRO.AX) - Net assets