Fortescue (FMG.AX) - Net assets

Net assets on the balance sheet as of June 2024 : ₹1.648 Trillion

According to Fortescue's latest financial reports the company has ₹1.648 Trillion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortescue - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$₹1.477 T	7.94%
2022-06-30	$₹1.368 T	38.24%
2021-06-30	$₹989.90 B	43.68%
2020-06-30	$₹688.95 B	34.23%
2019-06-30	$₹513.26 B	4.09%
2018-06-30	$₹493.12 B	1.75%
2017-06-30	$₹484.64 B	14.49%
2016-06-30	$₹423.32 B	14.87%
2015-06-30	$₹368.51 B	-14.04%
2014-06-30	$₹428.72 B	48.97%
2013-06-30	$₹287.79 B	34.55%
2012-06-30	$₹213.89 B	83.59%
2011-06-30	$₹116.50 B	102.11%
2010-06-30	$₹57.64 B	75.84%
2009-06-30	$₹32.78 B	-150.9%
2008-06-30	$-₹64.41 Billion	-545.59%
2007-06-30	$₹14.45 B	209.84%
2006-06-30	$₹4.66 B	108.24%
2005-06-30	$₹2.24 B	618.77%
2004-06-30	$₹0.31 B	218.54%
2003-06-30	$₹97.84 M	141.28%
2002-06-30	$₹40.55 M	36.63%
2001-06-30	$₹29.67 M

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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