Gelteq Limited (GELS)

Net assets on the balance sheet as of June 2024 : $10.11 Million USD

According to Gelteq Limited's latest financial reports the company has $10.11 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gelteq Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$10.11 M	-18.11%
2023-06-30	$$12.35 M	-13.92%
2022-06-30	$$14.34 M	-19.81%
2021-06-30	$$17.89 M	11573.16%
2020-06-30	$$0.15 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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Gelteq Limited (GELS) - Net assets