Umbrella Solar Investment (USI.MC)

Net assets on the balance sheet as of December 2023 : A$42.2 Million

According to Umbrella Solar Investment's latest financial reports the company has A$42.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Umbrella Solar Investment - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$39.18 M	-5.75%
2022-12-31	$A$41.57 M	497.78%
2021-12-31	$A$6.95 M	64.65%
2020-12-31	$A$4.22 M	183.25%
2019-12-31	$A$1.49 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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Umbrella Solar Investment (USI.MC) - Net assets