Eco Wave Power Global (WAVE)

Net assets on the balance sheet as of September 2024 : A$9.63 Million

According to Eco Wave Power Global's latest financial reports the company has A$9.63 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eco Wave Power Global - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$11.45 M	-21.09%
2022-12-31	$A$14.5 M	-28.6%
2021-12-31	$A$20.32 M	1085.35%
2020-12-31	$A$1.71 M	-0.96%
2019-12-31	$A$1.73 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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Eco Wave Power Global (WAVE) - Net assets