Believe S.A. (BLV.PA)

Net assets on the balance sheet as of December 2023 : A$0.66 Billion

According to Believe S.A.'s latest financial reports the company has A$0.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Believe S.A. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.60 B	-4.13%
2021-12-31	$A$0.63 B	161.08%
2020-12-31	$A$0.24 B	-14.09%
2019-12-31	$A$0.28 B	390.7%
2018-12-31	$A$57.49 M	19.08%
2017-12-31	$A$48.28 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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Believe S.A. (BLV.PA) - Net assets