The Lottery Corporation (TLC.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.40 Billion

According to The Lottery Corporation's latest financial reports the company has NZ$0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Lottery Corporation - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$0.39 B	38.08%
2023-06-30	$NZ$0.28 B	7.67%
2022-06-30	$NZ$0.26 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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The Lottery Corporation (TLC.AX) - Net assets