Converge Technology Solutions (CTS.TO)

Net assets on the balance sheet as of June 2024 : A$0.42 Billion

According to Converge Technology Solutions's latest financial reports the company has A$0.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Converge Technology Solutions - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.67 B	-0.83%
2022-12-31	$A$0.68 B	-2.72%
2021-12-31	$A$0.70 B	576.68%
2020-12-31	$A$0.10 B	-1060.78%
2019-12-31	$-A$10.81 Million	130.14%
2018-12-31	$-A$4.7 Million

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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Converge Technology Solutions (CTS.TO) - Net assets