Avalon GloboCare (ALBT)

Net assets on the balance sheet as of June 2024 : A$6.83 Million

According to Avalon GloboCare's latest financial reports the company has A$6.83 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avalon GloboCare - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$16.39 M	285.43%
2021-12-31	$A$4.25 M	-20.54%
2020-12-31	$A$5.35 M	-16.05%
2019-12-31	$A$6.37 M	-60.08%
2018-12-31	$A$15.97 M	70.64%
2017-12-31	$A$9.36 M	90.3%
2016-12-31	$A$4.91 M	-66395.01%
2015-12-31	$-A$0.01 Million	109.42%
2014-12-31	$-A$0.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Office Properties Income Trust OPI	A$1.97 B	28,847.35%	🇺🇸 USA
One Liberty Properties OLP	A$0.47 B	6,812.46%	🇺🇸 USA
Omega Healthcare OHI	A$6.80 B	99,523.04%	🇺🇸 USA

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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Avalon GloboCare (ALBT) - Net assets

Net assets on the balance sheet as of June 2024 : A$6.83 Million