AFT Pharmaceuticals (AFT.NZ)

Net assets on the balance sheet as of March 2024 : NZ$91.45 Million

According to AFT Pharmaceuticals's latest financial reports the company has NZ$91.45 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AFT Pharmaceuticals - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$NZ$87.79 M	19.83%
2023-03-31	$NZ$73.26 M	29.12%
2022-03-31	$NZ$56.74 M	55.09%
2021-03-31	$NZ$36.58 M	112.04%
2020-03-31	$NZ$17.25 M	238.93%
2019-03-31	$NZ$5.09 M	-30.66%
2018-03-31	$NZ$7.34 M	-62.29%
2017-03-31	$NZ$19.47 M	-31.03%
2016-03-31	$NZ$28.23 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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AFT Pharmaceuticals (AFT.NZ) - Net assets