AXIL Brands (AXIL) - Net Assets

Net assets on the balance sheet as of August 2024 : $7.88 Million USD

According to AXIL Brands's latest financial reports the company has $7.88 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AXIL Brands - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$$6.67 M	3512.09%
2022-05-31	$$0.18 M	-46.56%
2021-05-31	$$0.34 M	-31.5%
2020-05-31	$$0.5 M	-25.51%
2019-05-31	$$0.67 M	31.95%
2018-05-31	$$0.51 M	-7.08%
2017-05-31	$$0.55 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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AXIL Brands (AXIL) - Net assets