ReadyTech Holdings (RDY.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.17 Billion

According to ReadyTech Holdings's latest financial reports the company has NZ$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ReadyTech Holdings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.13 B	28.97%
2022-06-30	$NZ$0.10 B	34.42%
2021-06-30	$NZ$80.72 M	128.34%
2020-06-30	$NZ$35.35 M	15.86%
2019-06-30	$NZ$30.51 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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ReadyTech Holdings (RDY.AX) - Net assets