Warrantee Inc. (WRNT)

Net assets on the balance sheet as of March 2023 : A$0.04 Million

According to Warrantee Inc.'s latest financial reports the company has A$0.04 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Warrantee Inc. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.04 M	-110.41%
2022-03-31	$-A$0.44 Million	-161.52%
2021-03-31	$A$0.7 M	-137.96%
2020-03-31	$-A$1.85 Million

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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Warrantee Inc. (WRNT) - Net assets