Aussie Broadband Limited (ABB.AX)

Net assets on the balance sheet as of June 2024 : HK$2.96 Billion

According to Aussie Broadband Limited's latest financial reports the company has HK$2.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aussie Broadband Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$1.51 B	4.37%
2022-06-30	$HK$1.45 B	317.65%
2021-06-30	$HK$0.34 B	36.2%
2020-06-30	$HK$0.25 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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Aussie Broadband Limited (ABB.AX) - Net assets