Xero (XRO.AX) - Net Assets

Net assets on the balance sheet as of March 2024 : $0.83 B

According to Xero's latest financial reports the company has $0.83 B 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 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$0.66 B	-8.26%
2022-03-31	$$0.72 B	38.08%
2021-03-31	$$0.52 B	107.59%
2020-03-31	$$0.25 B	4.8%
2019-03-31	$$0.23 B	48.91%
2018-03-31	$$0.16 B	2.87%
2017-03-31	$$0.15 B	-18.77%
2016-03-31	$$0.19 B	-25.67%
2015-03-31	$$0.25 B	17.24%
2014-03-31	$$0.22 B	157.79%
2013-03-31	$$85.77 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