Nine Entertainment Co. Holdings (NEC.AX)

Net assets on the balance sheet as of June 2024 : A$1.88 Billion

According to Nine Entertainment Co. Holdings's latest financial reports the company has A$1.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Entertainment Co. Holdings - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$1.87 B	-9.42%
2022-06-30	$A$2.07 B	5.71%
2021-06-30	$A$1.95 B	3.91%
2020-06-30	$A$1.88 B	-32%
2019-06-30	$A$2.77 B	150.07%
2018-06-30	$A$1.10 B	13.9%
2017-06-30	$A$0.97 B	-21.08%
2016-06-30	$A$1.23 B	13.96%
2015-06-30	$A$1.08 B	-40.63%
2014-06-30	$A$1.82 B	5.98%
2013-06-30	$A$1.72 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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Nine Entertainment Co. Holdings (NEC.AX) - Net assets