Appen (APX.AX) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$0.15 Billion

According to Appen's latest financial reports the company has NZ$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.14 B	-37.05%
2022-12-31	$NZ$0.23 B	-43.96%
2021-12-31	$NZ$0.41 B	4.48%
2020-12-31	$NZ$0.39 B	13.54%
2019-12-31	$NZ$0.35 B	240.01%
2018-12-31	$NZ$0.10 B	28.76%
2017-12-31	$NZ$80.09 M	201.86%
2016-12-31	$NZ$26.53 M	19.47%
2015-12-31	$NZ$22.2 M
2014-06-30	$NZ$16.73 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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Appen (APX.AX) - Net assets