FGI Industries (FGI)

Net assets on the balance sheet as of June 2024 : NZ$39.9 Million

According to FGI Industries's latest financial reports the company has NZ$39.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FGI Industries - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$35.82 M	224.11%
2021-12-31	$NZ$11.05 M	420.68%
2020-12-31	$NZ$2.12 M	-60.51%
2019-12-31	$NZ$5.37 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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FGI Industries (FGI) - Net assets