Predilife (ALPRE.PA)

Net assets on the balance sheet as of December 2023 : NZ$1 Million

According to Predilife's latest financial reports the company has NZ$1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Predilife - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.89 M	-44.48%
2022-12-31	$NZ$1.61 M	-162.29%
2021-12-31	$-NZ$2.6 Million	-310.98%
2020-12-31	$NZ$1.23 M	-196.77%
2019-12-31	$-NZ$1.28 Million	6060.36%
2018-12-31	$-NZ$0.03 Million	-99.05%
2017-12-31	$-NZ$2.19 Million	-496.5%
2016-12-31	$NZ$0.55 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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Predilife (ALPRE.PA) - Net assets