Fortescue (FMG.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : £14.88 B

According to Fortescue's latest financial reports the company has £14.88 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$£14.15 B	-0.6%
2022-06-30	$£14.24 B	47.79%
2021-06-30	$£9.63 B	30.73%
2020-06-30	$£7.37 B	25.72%
2019-06-30	$£5.86 B	7.51%
2018-06-30	$£5.45 B	-5.07%
2017-06-30	$£5.74 B	23.69%
2016-06-30	$£4.64 B	25.92%
2015-06-30	$£3.68 B	-12.06%
2014-06-30	$£4.19 B	32.01%
2013-06-30	$£3.17 B	29.39%
2012-06-30	$£2.45 B	52.03%
2011-06-30	$£1.61 B	93.71%
2010-06-30	$£0.83 B	101.05%
2009-06-30	$£0.41 B	-155.03%
2008-06-30	$-£0.76 B	-523.19%
2007-06-30	$£0.17 B	221.11%
2006-06-30	$£55.47 M	94.3%
2005-06-30	$£28.54 M	659.3%
2004-06-30	$£3.75 M	193.67%
2003-06-30	$£1.28 M	136.51%
2002-06-30	$£0.54 M	21.36%
2001-06-30	$£0.44 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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Fortescue (FMG.AX) - Net assets