Socionext (6526.T) - Net Assets

Net assets on the balance sheet as of March 2024 : A$1.38 Billion

According to Socionext's latest financial reports the company has A$1.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2024-03-31	$A$1.32 B	8.16%
2023-03-31	$A$1.22 B	25.46%
2022-03-31	$A$0.97 B	0.58%
2021-03-31	$A$0.97 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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Socionext (6526.T) - Net assets