Avid Technology (AVID) - Net assets

Net assets on the balance sheet as of September 2023 : -HK$0.96 Billion

According to Avid Technology 's latest financial reports the company has -HK$0.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avid Technology - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$0.93 Billion	-4.07%
2021-12-31	$-HK$0.97 Billion	-6.11%
2020-12-31	$-HK$1.04 Billion	-14.68%
2019-12-31	$-HK$1.21 Billion	-7.45%
2018-12-31	$-HK$1.31 Billion	-37.8%
2017-12-31	$-HK$2.1 Billion	0.25%
2016-12-31	$-HK$2.1 Billion	-18.06%
2015-12-31	$-HK$2.56 Billion	-3.44%
2014-12-31	$-HK$2.65 Billion	-5.06%
2013-12-31	$-HK$2.79 Billion	-6.77%
2012-12-31	$-HK$2.99 Billion	-192.28%
2011-12-31	$HK$3.23 B	-2.27%
2010-12-31	$HK$3.31 B	-3.55%
2009-12-31	$HK$3.43 B	-9.75%
2008-12-31	$HK$3.80 B	-37.38%
2007-12-31	$HK$6.07 B	0.17%
2006-12-31	$HK$6.06 B	-6.76%
2005-12-31	$HK$6.50 B	97.27%
2004-12-31	$HK$3.29 B	87.45%
2003-12-31	$HK$1.76 B	82.68%
2002-12-31	$HK$0.96 B	17.97%
2001-12-31	$HK$0.81 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Adobe ADBE	HK$113.13 B	-11,907.44%	🇺🇸 USA
Apple AAPL	HK$442.97 B	-46,331.28%	🇺🇸 USA

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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