Forafric Global PLC (AFRI)

Net assets on the balance sheet as of December 2023 : $29.2 Million USD

According to Forafric Global PLC's latest financial reports the company has $29.2 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Forafric Global PLC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$44.95 M	-5.66%
2021-12-31	$$47.65 M	-8.35%
2020-12-31	$$51.99 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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Forafric Global PLC (AFRI) - Net assets