Basic-Fit (BFIT.AS) - Net Assets

Net assets on the balance sheet as of December 2023 : S$0.60 Billion

According to Basic-Fit's latest financial reports the company has S$0.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Basic-Fit - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.58 B	-7.26%
2021-12-31	$S$0.62 B	24.34%
2020-12-31	$S$0.50 B	9.22%
2019-12-31	$S$0.46 B	0.41%
2018-12-31	$S$0.46 B	0.79%
2017-12-31	$S$0.45 B	-1.52%
2016-12-31	$S$0.46 B	-1372.66%
2015-12-31	$-S$36.5 Million	5243.19%
2014-12-31	$-S$0.69 Million	-101.69%
2013-12-31	$S$40.49 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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Basic-Fit (BFIT.AS) - Net assets