VCI Global (VCIG) - Net Assets

Net assets on the balance sheet as of December 2023 : A$32.17 Million

According to VCI Global's latest financial reports the company has A$32.17 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VCI Global - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$29.71 M	266.72%
2022-12-31	$A$8.1 M	26.55%
2021-12-31	$A$6.4 M	687.21%
2020-12-31	$A$0.81 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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VCI Global (VCIG) - Net assets