Vertex (VERX) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.40 Billion

According to Vertex's latest financial reports the company has A$0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.37 B	9.99%
2022-12-31	$A$0.33 B	6.37%
2021-12-31	$A$0.31 B	6.41%
2020-12-31	$A$0.29 B	-285.73%
2019-12-31	$-A$0.17 Billion	1.28%
2018-12-31	$-A$0.16 Billion

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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Vertex (VERX) - Net assets