Legacy Education (LGCY)

Net assets on the balance sheet as of June 2024 : $22.41 Million USD

According to Legacy Education's latest financial reports the company has $22.41 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Legacy Education - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$15.42 M	13.39%
2022-06-30	$$13.6 M	23.66%
2021-06-30	$$10.99 M	81%
2020-06-30	$$6.07 M	40.32%
2019-06-30	$$4.33 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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Legacy Education (LGCY) - Net assets