Australian Finance Group (AFG.AX)

Net assets on the balance sheet as of June 2024 : A$0.21 Billion

According to Australian Finance Group's latest financial reports the company has A$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Australian Finance Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$0.20 B	3.64%
2023-06-30	$A$0.19 B	-2.76%
2022-06-30	$A$0.20 B	1.21%
2021-06-30	$A$0.20 B	13.9%
2020-06-30	$A$0.17 B	70.01%
2019-06-30	$A$0.10 B	12.32%
2018-06-30	$A$93.32 M	-13.02%
2017-06-30	$A$0.10 B	21.21%
2016-06-30	$A$88.52 M	22.55%
2015-06-30	$A$72.23 M
2014-12-31	$A$63.36 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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Australian Finance Group (AFG.AX) - Net assets