AXIL Brands (AXIL) - Net Assets

Net assets on the balance sheet as of August 2024 : A$12.19 Million

According to AXIL Brands's latest financial reports the company has A$12.19 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AXIL Brands - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$A$10.23 M	3887.5%
2022-05-31	$A$0.25 M	-42.74%
2021-05-31	$A$0.44 M	-40.77%
2020-05-31	$A$0.75 M	-22.83%
2019-05-31	$A$0.98 M	44.66%
2018-05-31	$A$0.67 M	-8.46%
2017-05-31	$A$0.74 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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AXIL Brands (AXIL) - Net assets