FGI Industries (FGI)

Net assets on the balance sheet as of September 2024 : £18 Million

According to FGI Industries's latest financial reports the company has £18 Million 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	$£18.8 M	236.13%
2021-12-31	$£5.59 M	397.73%
2020-12-31	$£1.12 M	-59.3%
2019-12-31	$£2.76 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