Envela Corporation (ELA) - Net assets

Net assets on the balance sheet as of September 2024 : HK$0.39 Billion

According to Envela Corporation's latest financial reports the company has HK$0.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Envela Corporation - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.37 B	11.48%
2022-12-31	$HK$0.33 B	57.1%
2021-12-31	$HK$0.21 B	58.09%
2020-12-31	$HK$0.13 B	56.31%
2019-12-31	$HK$87.18 M	32.32%
2018-12-31	$HK$65.88 M	8.73%
2017-12-31	$HK$60.59 M	32.3%
2016-12-31	$HK$45.8 M	52.64%
2015-12-31	$HK$30 M	-36.44%
2014-12-31	$HK$47.21 M	-41.59%
2013-12-31	$HK$80.83 M	-20.29%
2012-12-31	$HK$0.10 B	-14.61%
2011-12-31	$HK$0.11 B	-2636.15%
2010-12-31	$-HK$4.69 Million	-104.86%
2009-12-31	$HK$96.44 M	-0.91%
2008-12-31	$HK$97.33 M	-38.44%
2007-12-31	$HK$0.15 B	204.44%
2006-12-31	$HK$51.93 M	10.33%
2005-12-31	$HK$47.07 M	8.35%
2004-12-31	$HK$43.44 M	4.53%
2003-12-31	$HK$41.56 M	12.17%
2002-12-31	$HK$37.05 M	6.32%
2001-12-31	$HK$34.85 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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