Nine Entertainment Co. Holdings (NEC.AX)

Net assets on the balance sheet as of June 2024 : $1.19 Billion USD

According to Nine Entertainment Co. Holdings's latest financial reports the company has $1.19 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Entertainment Co. Holdings - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$1.24 B	-12.86%
2022-06-30	$$1.42 B	-3.2%
2021-06-30	$$1.47 B	13.61%
2020-06-30	$$1.29 B	-33.45%
2019-06-30	$$1.94 B	137.19%
2018-06-30	$$0.82 B	9.72%
2017-06-30	$$0.74 B	-18.81%
2016-06-30	$$0.92 B	10.94%
2015-06-30	$$0.83 B	-51.63%
2014-06-30	$$1.71 B	9.2%
2013-06-30	$$1.57 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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Nine Entertainment Co. Holdings (NEC.AX) - Net assets