Axonics Modulation Tech (AXNX)

Net assets on the balance sheet as of September 2024 : A$1.02 Billion

According to Axonics Modulation Tech's latest financial reports the company has A$1.02 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Axonics Modulation Tech - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.93 B	11.7%
2022-12-31	$A$0.83 B	25.9%
2021-12-31	$A$0.66 B	78.06%
2020-12-31	$A$0.37 B	42.98%
2019-12-31	$A$0.26 B	28.52%
2018-12-31	$A$0.20 B	-549.1%
2017-12-31	$-A$45.29 Million	-10.03%
2016-12-31	$-A$50.34 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	A$19.73 B	1,822.83%	🇳🇱 Netherlands
PAVmed PAVM	-A$28.81 Million	-102.81%	🇺🇸 USA

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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Axonics Modulation Tech (AXNX) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.02 Billion