Avant Technologies Inc. (AVAI)

Net assets on the balance sheet as of June 2024 : -A$3.21 Million

According to Avant Technologies Inc.'s latest financial reports the company has -A$3.21 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avant Technologies Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$-A$2.26 Million	138.73%
2023-03-31	$-A$0.95 Million	74.42%
2022-03-31	$-A$0.55 Million	25.61%
2021-03-31	$-A$0.44 Million	604.39%
2020-03-31	$-A$0.07 Million	-12.74%
2019-03-31	$-A$0.08 Million	-1749.35%
2018-03-31	$A$0 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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Avant Technologies Inc. (AVAI) - Net assets