Mainz Biomed (MYNZ) - Total debt

Total debt on the balance sheet as of December 2023 : NZ$12.23 Million

According to Mainz Biomed's latest financial reports the company's total debt is NZ$12.23 Million. A company’s total debt is the sum of all current and non-current debts.

Mainz Biomed - Total debt on balance sheet (from 2020 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	NZ$5.08 M	34.8%
2021-12-31	NZ$3.77 M	-8.66%
2020-12-31	NZ$4.12 M	15.21%
2019-12-31	NZ$3.58 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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