VS Media (VSME) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$7 Million

According to VS Media's latest financial reports the company has NZ$7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VS Media - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$6.63 M	160%
2022-12-31	$NZ$2.55 M	-158.11%
2021-12-31	$-NZ$4.39 Million	-206.43%
2020-12-31	$NZ$4.12 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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VS Media (VSME) - Net assets