Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : NZ$0.14 Billion

According to Orbit Communication Systems 's latest financial reports the company has NZ$0.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.12 B	15.85%
2022-12-31	$NZ$0.10 B	71.36%
2021-12-31	$NZ$63.73 M	28.81%
2020-12-31	$NZ$49.47 M	7.74%
2019-12-31	$NZ$45.92 M	32.3%
2018-12-31	$NZ$34.7 M	10.47%
2017-12-31	$NZ$31.41 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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Orbit Communication Systems (ORBI.TA) - Net assets