LGI Limited (LGI.AX)

Net assets on the balance sheet as of June 2024 : NZ$61.72 Million

According to LGI Limited's latest financial reports the company has NZ$61.72 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LGI Limited - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$58.01 M	7.69%
2023-06-30	$NZ$53.87 M	34.23%
2022-06-30	$NZ$40.13 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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LGI Limited (LGI.AX) - Net assets