Fortrea (FTRE) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$2.49 Billion

According to Fortrea's latest financial reports the company has NZ$2.49 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortrea - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.74 B	-47.77%
2022-12-31	$NZ$5.26 B	10.29%
2021-12-31	$NZ$4.77 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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Fortrea (FTRE) - Net assets