Gelteq Limited (GELS)

Net assets on the balance sheet as of June 2024 : ₹0.86 Billion

According to Gelteq Limited's latest financial reports the company has ₹0.86 Billion 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	$₹0.84 B	-16.82%
2023-06-30	$₹1.01 B	-10.46%
2022-06-30	$₹1.13 B	-14.83%
2021-06-30	$₹1.32 B	11355.36%
2020-06-30	$₹11.6 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