Davis Commodities (DTCK)

Net assets on the balance sheet as of December 2023 : $10.25 Million USD

According to Davis Commodities's latest financial reports the company has $10.25 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Davis Commodities - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$10.25 M	70.6%
2022-12-31	$$6.01 M	190.2%
2021-12-31	$$2.07 M	-14.59%
2020-12-31	$$2.42 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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Davis Commodities (DTCK) - Net assets