Modiv (MDV) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.34 Billion

According to Modiv's latest financial reports the company has A$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Modiv - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.33 B	-6.71%
2022-12-31	$A$0.35 B	15.45%
2021-12-31	$A$0.30 B	24%
2020-12-31	$A$0.24 B	-31.86%
2019-12-31	$A$0.36 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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Modiv (MDV) - Net assets