Future Retail (FRETAIL.NS)

Net assets on the balance sheet as of September 2021 : -NZ$0.3 Billion

According to Future Retail 's latest financial reports the company has -NZ$0.3 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Future Retail - Net assets on balance sheet (from 2016 to 2021)

Net assets by year

Year	Net assets	Change
2021-03-31	$NZ$0.21 B	-77.13%
2020-03-31	$NZ$0.93 B	14.82%
2019-03-31	$NZ$0.81 B	23.53%
2018-03-31	$NZ$0.65 B	16.95%
2017-03-31	$NZ$0.56 B	37.75%
2016-03-31	$NZ$0.40 B	-757.93%
2015-03-31	$-NZ$62.02 Million
2012-12-31	$-NZ$0.22 Billion	92.9%
2011-12-31	$-NZ$0.12 Billion

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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Future Retail (FRETAIL.NS) - Net assets