G Medical Innovations (GMVD)

Net assets on the balance sheet as of December 2022 : -₹0.39 Billion

According to G Medical Innovations's latest financial reports the company has -₹0.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

G Medical Innovations - Net assets on balance sheet (from 2017 to 2019)

Net assets by year

Year	Net assets	Change
2022-12-31	$-₹0.38 Billion	80.72%
2021-12-31	$-₹0.21 Billion	-2.95%
2020-12-31	$-₹0.22 Billion	-56.26%
2019-12-31	$-₹0.5 Billion	286.49%
2018-12-31	$-₹0.13 Billion	-119.38%
2017-12-31	$₹0.65 B
2016-09-30	$₹0.32 B

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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G Medical Innovations (GMVD) - Net assets