Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : HK$6.47 Billion

According to Xero's latest financial reports the company has HK$6.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xero - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$5.20 B	-7.83%
2022-03-31	$HK$5.64 B	39.3%
2021-03-31	$HK$4.05 B	105.67%
2020-03-31	$HK$1.96 B	4.65%
2019-03-31	$HK$1.88 B	48.92%
2018-03-31	$HK$1.26 B	3.81%
2017-03-31	$HK$1.21 B	-18.48%
2016-03-31	$HK$1.49 B	-25.82%
2015-03-31	$HK$2.01 B	17.21%
2014-03-31	$HK$1.71 B	157.94%
2013-03-31	$HK$0.66 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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Xero (XRO.AX) - Net assets