IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2024 : ₹29.87 Billion

According to IDP Education's latest financial reports the company has ₹29.87 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	$₹28.11 B	13.73%
2022-06-30	$₹24.71 B	14.15%
2021-06-30	$₹21.65 B	5.95%
2020-06-30	$₹20.43 B	174.23%
2019-06-30	$₹7.45 B	45.23%
2018-06-30	$₹5.13 B	16.08%
2017-06-30	$₹4.42 B	10.69%
2016-06-30	$₹3.99 B	88.24%
2015-06-30	$₹2.12 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