Kits Eyecare (KITS.TO)

Net assets on the balance sheet as of September 2024 : A$63.44 Million

According to Kits Eyecare's latest financial reports the company has A$63.44 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kits Eyecare - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$56.93 M	-2.12%
2022-12-31	$A$58.16 M	-1.91%
2021-12-31	$A$59.29 M	-10245.7%
2020-12-31	$-A$0.59 Million	-108.61%
2019-12-31	$A$6.78 M
2018-12-31	$N/A

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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Kits Eyecare (KITS.TO) - Net assets