NaaS Technology (NAAS)

Net assets on the balance sheet as of September 2024 : -A$51.82 Million

According to NaaS Technology's latest financial reports the company has -A$51.82 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NaaS Technology - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$9.06 Million	-109.68%
2022-12-31	$A$93.5 M	1367.38%
2021-12-31	$A$6.37 M	227.32%
2020-12-31	$A$1.94 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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NaaS Technology (NAAS) - Net assets