IHS Towers (IHS) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$2.26 Billion

According to IHS Towers's latest financial reports the company has -HK$2.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IHS Towers - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.71 B	-74.47%
2022-12-31	$HK$10.62 B	-21.83%
2021-12-31	$HK$13.59 B	43.26%
2020-12-31	$HK$9.49 B	-14.81%
2019-12-31	$HK$11.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Tower AMT	HK$79.33 B	-3,619.49%	🇺🇸 USA
Crown Castle CCI	HK$41.21 B	-1,928.65%	🇺🇸 USA
China Tower 0788.HK	HK$217.67 B	-9,756.99%	🇨🇳 China

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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IHS Towers (IHS) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$2.26 Billion