Nine Entertainment Co. Holdings (NEC.AX)

Net assets on the balance sheet as of June 2023 : £0.95 B

According to Nine Entertainment Co. Holdings's latest financial reports the company has £0.95 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Entertainment Co. Holdings - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£0.98 B	-16.37%
2022-06-30	$£1.17 B	10.46%
2021-06-30	$£1.06 B	1.44%
2020-06-30	$£1.04 B	-31.57%
2019-06-30	$£1.53 B	146.8%
2018-06-30	$£0.62 B	8.15%
2017-06-30	$£0.57 B	-15.71%
2016-06-30	$£0.68 B	28.66%
2015-06-30	$£0.52 B	-47.47%
2014-06-30	$£1.00 B	-2.42%
2013-06-30	$£1.03 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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Nine Entertainment Co. Holdings (NEC.AX) - Net assets