Netwealth (NWL.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹8.26 Billion

According to Netwealth's latest financial reports the company has ₹8.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$₹8.06 B	20.61%
2023-06-30	$₹6.68 B	18.14%
2022-06-30	$₹5.65 B	8.8%
2021-06-30	$₹5.20 B	31.5%
2020-06-30	$₹3.95 B	27.94%
2019-06-30	$₹3.09 B	-9.5%
2018-06-30	$₹3.41 B	79.04%
2017-06-30	$₹1.90 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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Netwealth (NWL.AX) - Net assets