Future Retail (FRETAIL.NS)

Net assets on the balance sheet as of September 2021 : -A$0.26 Billion

According to Future Retail 's latest financial reports the company has -A$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Future Retail - Net assets on balance sheet (from 2016 to 2021)

Net assets by year

Year	Net assets	Change
2021-03-31	$A$0.19 B	-78.24%
2020-03-31	$A$0.89 B	15.04%
2019-03-31	$A$0.78 B	26.3%
2018-03-31	$A$0.61 B	20.22%
2017-03-31	$A$0.51 B	39.7%
2016-03-31	$A$0.36 B	-711.34%
2015-03-31	$-A$60.29 Million
2012-12-31	$-A$0.18 Billion	100.21%
2011-12-31	$-A$86.88 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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Future Retail (FRETAIL.NS) - Net assets