Innovative Eyewear (LUCY)

Net assets on the balance sheet as of September 2024 : ₹0.94 Billion

According to Innovative Eyewear's latest financial reports the company has ₹0.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Innovative Eyewear - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹0.33 B	2056.09%
2021-12-31	$₹15.44 M	-138.06%
2020-12-31	$-₹40.58 Million	17.61%
2019-12-31	$-₹34.51 Million

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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Innovative Eyewear (LUCY) - Net assets