Audax Renovables (ADX.MC)

Net assets on the balance sheet as of December 2023 : A$0.29 Billion

According to Audax Renovables's latest financial reports the company has A$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Audax Renovables - Net assets on balance sheet (from 2010 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.28 B	31.35%
2022-12-31	$A$0.21 B	-5.1%
2021-12-31	$A$0.22 B	-1.42%
2020-12-31	$A$0.22 B	-8.18%
2019-12-31	$A$0.24 B	9.93%
2018-12-31	$A$0.22 B	107.61%
2017-12-31	$A$0.10 B	18.16%
2016-12-31	$A$92.38 M	-40.07%
2015-12-31	$A$0.15 B	-23.61%
2014-12-31	$A$0.20 B	-1.69%
2013-12-31	$A$0.20 B	20.05%
2012-12-31	$A$0.17 B	-36.06%
2011-12-31	$A$0.26 B	-40.29%
2010-12-31	$A$0.44 B	-26.19%
2009-12-31	$A$0.60 B	-19.67%
2008-12-31	$A$0.75 B	133.16%
2007-12-31	$A$0.32 B	314.82%
2006-12-31	$A$78.11 M	16.24%
2005-12-31	$A$67.2 M	44.56%
2004-12-31	$A$46.48 M	4.08%
2003-12-31	$A$44.66 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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Audax Renovables (ADX.MC) - Net assets