Lumen (LUMN) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.54 Billion

According to Lumen's latest financial reports the company has A$0.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lumen - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.61 B	-95.99%
2022-12-31	$A$15.24 B	-6.66%
2021-12-31	$A$16.33 B	12.5%
2020-12-31	$A$14.51 B	-24.55%
2019-12-31	$A$19.23 B	-31.65%
2018-12-31	$A$28.14 B	-6.46%
2017-12-31	$A$30.08 B	61.87%
2016-12-31	$A$18.58 B	-3.69%
2015-12-31	$A$19.30 B	5.14%
2014-12-31	$A$18.35 B	-4.75%
2013-12-31	$A$19.27 B	3.83%
2012-12-31	$A$18.56 B	-8.62%
2011-12-31	$A$20.31 B	113.87%
2010-12-31	$A$9.49 B	-9.88%
2009-12-31	$A$10.53 B	134.71%
2008-12-31	$A$4.49 B	14.88%
2007-12-31	$A$3.90 B	-3.72%
2006-12-31	$A$4.05 B	-18.07%
2005-12-31	$A$4.95 B	12.46%
2004-12-31	$A$4.40 B	-5.85%
2003-12-31	$A$4.67 B	-14.62%
2002-12-31	$A$5.48 B	19.67%
2001-12-31	$A$4.57 B

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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Lumen (LUMN) - Net assets