Wise PLC (WISE.L) - Net Assets

Net assets on the balance sheet as of March 2024 : S$1.67 Billion

According to Wise PLC 's latest financial reports the company has S$1.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wise PLC - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$0.94 B	30.5%
2022-03-31	$S$0.72 B	37.64%
2021-03-31	$S$0.52 B	52.4%
2020-03-31	$S$0.34 B	55.13%
2019-03-31	$S$0.22 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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Wise PLC (WISE.L) - Net assets