Nextracker (NXT) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.72 Billion

According to Nextracker's latest financial reports the company has A$1.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nextracker - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.72 B	-17945.55%
2022-03-31	$-A$4.05 Million	-100.67%
2021-03-31	$A$0.59 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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Nextracker (NXT) - Net assets