Umbrella Solar Investment (USI.MC)

Net assets on the balance sheet as of December 2023 : C$37.6 Million

According to Umbrella Solar Investment's latest financial reports the company has C$37.6 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	$C$35.4 M	-7.77%
2022-12-31	$C$38.38 M	497.44%
2021-12-31	$C$6.42 M	55.16%
2020-12-31	$C$4.14 M	203.7%
2019-12-31	$C$1.36 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