Solid Clouds (SOLID.IC)

Net assets on the balance sheet as of December 2023 : NZ$14.8 Million

According to Solid Clouds's latest financial reports the company has NZ$14.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Solid Clouds - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$14 M	-4.16%
2021-12-31	$NZ$14.61 M	110.96%
2020-12-31	$NZ$6.92 M	8%
2019-12-31	$NZ$6.41 M	38.89%
2018-12-31	$NZ$4.61 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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Solid Clouds (SOLID.IC) - Net assets