Satixfy Communications (SATX)

Net assets on the balance sheet as of September 2024 : -$91.56 Million USD

According to Satixfy Communications's latest financial reports the company has -$91.56 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Satixfy Communications - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-$58.79 Million	85.9%
2022-12-31	$-$31.63 Million	-15.42%
2021-12-31	$-$37.39 Million	72.44%
2020-12-31	$-$21.68 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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Satixfy Communications (SATX) - Net assets