IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2024 : HK$2.72 Billion

According to IDP Education's latest financial reports the company has HK$2.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDP Education - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$2.68 B	9.23%
2022-06-30	$HK$2.45 B	8.62%
2021-06-30	$HK$2.26 B	8.15%
2020-06-30	$HK$2.09 B	147.76%
2019-06-30	$HK$0.84 B	43.53%
2018-06-30	$HK$0.58 B	10.49%
2017-06-30	$HK$0.53 B	15.86%
2016-06-30	$HK$0.45 B	78.09%
2015-06-30	$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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IDP Education (IEL.AX) - Net assets