HomeBiogas (HMGS.TA)

Net assets on the balance sheet as of December 2023 : A$21.5 Million

According to HomeBiogas's latest financial reports the company has A$21.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HomeBiogas - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$21.14 M	69.42%
2021-12-31	$A$12.47 M	385.19%
2020-12-31	$A$2.57 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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HomeBiogas (HMGS.TA) - Net assets