Kitwave Group (KITW.L)

Net assets on the balance sheet as of October 2023 : A$0.16 Billion

According to Kitwave Group's latest financial reports the company has A$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kitwave Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-10-31	$A$0.16 B	23.83%
2022-10-31	$A$0.13 B	16.23%
2021-10-31	$A$0.11 B
2019-04-30	$A$0.81 M	-114.04%
2018-04-30	$-A$5.84 Million

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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Kitwave Group (KITW.L) - Net assets