Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : NZ$1.42 Billion

According to Xero's latest financial reports the company has NZ$1.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xero - Net assets on balance sheet (from 2009 to 2012)

Net assets by year

Year	Net assets	Change
2012-03-31	$NZ$52.24 M	140.91%
2011-03-31	$NZ$21.68 M	-11.82%
2010-03-31	$NZ$24.59 M	389.92%
2009-03-31	$NZ$5.02 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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Xero (XRO.AX) - Net assets