Aussie Broadband Limited (ABB.AX)

Net assets on the balance sheet as of June 2024 : A$0.61 Billion

According to Aussie Broadband Limited's latest financial reports the company has A$0.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aussie Broadband Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.29 B	8.58%
2022-06-30	$A$0.26 B	351.28%
2021-06-30	$A$59.54 M	24.36%
2020-06-30	$A$47.88 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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Aussie Broadband Limited (ABB.AX) - Net assets