Fastned (FAST.AS) - Net Assets

Net assets on the balance sheet as of June 2023 : S$0.22 Billion

According to Fastned's latest financial reports the company has S$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fastned - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.23 B	38.16%
2021-12-31	$S$0.16 B	-668.59%
2020-12-31	$-S$29.41 Million	158.48%
2019-12-31	$-S$11.38 Million	-361.19%
2018-12-31	$S$4.35 M	-12.42%
2017-12-31	$S$4.97 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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Fastned (FAST.AS) - Net assets