Legacy Education (LGCY)

Net assets on the balance sheet as of September 2024 : A$51.51 Million

According to Legacy Education's latest financial reports the company has A$51.51 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Legacy Education - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$23.29 M	17.85%
2022-06-30	$A$19.76 M	35.04%
2021-06-30	$A$14.63 M	65.54%
2020-06-30	$A$8.84 M	43.38%
2019-06-30	$A$6.16 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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Legacy Education (LGCY) - Net assets