Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : C$0.12 Billion

According to Orbit Communication Systems 's latest financial reports the company has C$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.10 B	12.79%
2022-12-31	$C$94.09 M	69.6%
2021-12-31	$C$55.48 M	21.88%
2020-12-31	$C$45.51 M	12.69%
2019-12-31	$C$40.39 M	27.36%
2018-12-31	$C$31.71 M	13.05%
2017-12-31	$C$28.05 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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Orbit Communication Systems (ORBI.TA) - Net assets