Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of September 2024 : €85.4 Million

According to Orbit Communication Systems 's latest financial reports the company has €85.4 Million 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	$€72.37 M	11.97%
2022-12-31	$€64.64 M	68.17%
2021-12-31	$€38.43 M	32.44%
2020-12-31	$€29.02 M	5.13%
2019-12-31	$€27.6 M	35.65%
2018-12-31	$€20.35 M	9.43%
2017-12-31	$€18.59 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