Fastned (FAST.AS) - Net Assets

Net assets on the balance sheet as of June 2023 : NZ$0.29 Billion

According to Fastned's latest financial reports the company has NZ$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fastned - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.27 B	49.89%
2021-12-31	$NZ$0.18 B	-687.76%
2020-12-31	$-NZ$30.81 Million	145.86%
2019-12-31	$-NZ$12.54 Million	-363.61%
2018-12-31	$NZ$4.75 M	-9.21%
2017-12-31	$NZ$5.23 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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Fastned (FAST.AS) - Net assets