Civitanavi Systems (CNS.MI)

Net assets on the balance sheet as of December 2023 : €54.6 Million

According to Civitanavi Systems's latest financial reports the company has €54.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Civitanavi Systems - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$€51.75 M	10.79%
2022-12-31	$€46.7 M	155.2%
2021-12-31	$€18.3 M	36.42%
2020-12-31	$€13.41 M	77.86%
2019-12-31	$€7.54 M	98.78%
2018-12-31	$€3.79 M	41.89%
2017-12-31	$€2.67 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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Civitanavi Systems (CNS.MI) - Net assets