Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : C$1.19 Billion

According to Xero's latest financial reports the company has C$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xero - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$C$0.89 B	-0.44%
2022-03-31	$C$0.90 B	36.86%
2021-03-31	$C$0.65 B	82.58%
2020-03-31	$C$0.36 B	12.53%
2019-03-31	$C$0.32 B	53.96%
2018-03-31	$C$0.20 B	-0.5%
2017-03-31	$C$0.20 B	-16.42%
2016-03-31	$C$0.24 B	-24.04%
2015-03-31	$C$0.32 B	34.48%
2014-03-31	$C$0.24 B	180.39%
2013-03-31	$C$87.26 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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Xero (XRO.AX) - Net assets