FGI Industries (FGI)

Net assets on the balance sheet as of September 2024 : $22.9 Million USD

According to FGI Industries's latest financial reports the company has $22.9 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FGI Industries - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$22.74 M	201.26%
2021-12-31	$$7.54 M	392.9%
2020-12-31	$$1.53 M	-57.69%
2019-12-31	$$3.62 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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FGI Industries (FGI) - Net assets