Guardforce AI (GFAI)

Net assets on the balance sheet as of December 2023 : A$39.69 Million

According to Guardforce AI's latest financial reports the company has A$39.69 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Guardforce AI - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$28.11 M	212.38%
2021-12-31	$A$9 M	-420.39%
2020-12-31	$-A$2.81 Million	-248.22%
2019-12-31	$A$1.89 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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Guardforce AI (GFAI) - Net assets