Solid Clouds (SOLID.IC)

Net assets on the balance sheet as of December 2023 : A$12.98 Million

According to Solid Clouds's latest financial reports the company has A$12.98 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Solid Clouds - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$13.06 M	-5.09%
2021-12-31	$A$13.76 M	111.81%
2020-12-31	$A$6.5 M	5.36%
2019-12-31	$A$6.17 M	40.31%
2018-12-31	$A$4.39 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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Solid Clouds (SOLID.IC) - Net assets