SofWave Medical (SOFW.TA)

Net assets on the balance sheet as of September 2024 : NZ$42.3 Million

According to SofWave Medical's latest financial reports the company has NZ$42.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SofWave Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$41.65 M	-18.22%
2022-12-31	$NZ$50.93 M	-25.5%
2021-12-31	$NZ$68.37 M	3118.15%
2020-12-31	$NZ$2.12 M	-65.23%
2019-12-31	$NZ$6.11 M	-756.81%
2018-12-31	$-NZ$0.94 Million

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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SofWave Medical (SOFW.TA) - Net assets