Fortescue (FMG.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : £15.45 Billion

According to Fortescue's latest financial reports the company has £15.45 Billion 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	$£14.26 B	-0.21%
2022-06-30	$£14.29 B	48.52%
2021-06-30	$£9.62 B	30.21%
2020-06-30	$£7.39 B	26.08%
2019-06-30	$£5.86 B	7.51%
2018-06-30	$£5.45 B	-5.13%
2017-06-30	$£5.74 B	23.3%
2016-06-30	$£4.66 B	26.85%
2015-06-30	$£3.67 B	-12.31%
2014-06-30	$£4.19 B	31.92%
2013-06-30	$£3.17 B	29.39%
2012-06-30	$£2.45 B	51.69%
2011-06-30	$£1.61 B	94.77%
2010-06-30	$£0.83 B	99.6%
2009-06-30	$£0.41 B	-155.23%
2008-06-30	$-£0.76 Billion	-523.38%
2007-06-30	$£0.17 B	223.4%
2006-06-30	$£55.07 M	91.3%
2005-06-30	$£28.79 M	671.61%
2004-06-30	$£3.73 M	191.44%
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