Fortescue (FMG.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : A$29.29 B

According to Fortescue's latest financial reports the company has A$29.29 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2001 to 2021)

Net assets by year

Year	Net assets	Change
2021-06-30	$A$17.73 B	33.91%
2020-06-30	$A$13.24 B	24.93%
2019-06-30	$A$10.60 B	8.93%
2018-06-30	$A$9.73 B	-0.02%
2017-06-30	$A$9.73 B	15.8%
2016-06-30	$A$8.40 B	11.53%
2015-06-30	$A$7.53 B	-0.61%
2014-06-30	$A$7.58 B	43.37%
2013-06-30	$A$5.28 B	40.59%
2012-06-30	$A$3.76 B	54.54%
2011-06-30	$A$2.43 B	64.85%
2010-06-30	$A$1.47 B	73.58%
2009-06-30	$A$0.85 B	-154.23%
2008-06-30	$-A$1.57 B	-472.51%
2007-06-30	$A$0.42 B	207.16%
2006-06-30	$A$0.13 B	102.97%
2005-06-30	$A$67.55 M	586.92%
2004-06-30	$A$9.83 M	211.15%
2003-06-30	$A$3.16 M	113.84%
2002-06-30	$A$1.47 M	19.82%
2001-06-30	$A$1.23 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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Fortescue (FMG.AX) - Net assets