ADS-TEC Energy (ADSE)

Net assets on the balance sheet as of December 2023 : A$57.7 Million

According to ADS-TEC Energy's latest financial reports the company has A$57.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ADS-TEC Energy - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.12 B	-15.91%
2021-12-31	$A$0.15 B	-1201.65%
2020-12-31	$-A$13.74 Million	-607.8%
2019-12-31	$A$2.7 M	-87.87%
2018-12-31	$A$22.31 M

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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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ADS-TEC Energy (ADSE) - Net assets