Legacy Education (LGCY)

Net assets on the balance sheet as of June 2024 : NZ$38.32 Million

According to Legacy Education's latest financial reports the company has NZ$38.32 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Legacy Education - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$25.42 M	16.34%
2022-06-30	$NZ$21.84 M	38.85%
2021-06-30	$NZ$15.73 M	66.44%
2020-06-30	$NZ$9.45 M	46.75%
2019-06-30	$NZ$6.44 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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Legacy Education (LGCY) - Net assets