Reitar Logtech Holdings (RITR)

Net assets on the balance sheet as of March 2024 : A$20.05 Million

According to Reitar Logtech Holdings's latest financial reports the company has A$20.05 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Reitar Logtech Holdings - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$A$19.22 M	29.25%
2023-03-31	$A$14.87 M	1064.11%
2022-03-31	$A$1.27 M	228.73%
2021-03-31	$A$0.38 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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Reitar Logtech Holdings (RITR) - Net assets