ReadyTech Holdings (RDY.AX)

Net assets on the balance sheet as of June 2024 : A$0.15 Billion

According to ReadyTech Holdings's latest financial reports the company has A$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ReadyTech Holdings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.12 B	30.64%
2022-06-30	$A$98.17 M	30.73%
2021-06-30	$A$75.09 M	127.11%
2020-06-30	$A$33.06 M	13.2%
2019-06-30	$A$29.21 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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ReadyTech Holdings (RDY.AX) - Net assets