Fire Rock (1909.HK) - Net Assets

Net assets on the balance sheet as of December 2023 : A$28.95 Million

According to Fire Rock's latest financial reports the company has A$28.95 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fire Rock - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$26.37 M	-133.28%
2022-12-31	$-A$79.23 Million	-1.7%
2021-12-31	$-A$80.61 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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Fire Rock (1909.HK) - Net assets