Proeduca Altus (PRO.MC)

Net assets on the balance sheet as of August 2023 : A$16.6 Million

According to Proeduca Altus's latest financial reports the company has A$16.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Proeduca Altus - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-08-31	$A$16.09 M	-36.63%
2022-08-31	$A$25.39 M	-16.11%
2021-08-31	$A$30.27 M	17.8%
2020-08-31	$A$25.69 M	17.06%
2019-08-31	$A$21.95 M	960.26%
2018-08-31	$A$2.07 M	-51.66%
2017-08-31	$A$4.28 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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Proeduca Altus (PRO.MC) - Net assets