Davis Commodities (DTCK)

Net assets on the balance sheet as of December 2023 : S$13.75 Million

According to Davis Commodities's latest financial reports the company has S$13.75 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Davis Commodities - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$13.54 M	68.06%
2022-12-31	$S$8.06 M	187.77%
2021-12-31	$S$2.8 M	-12.72%
2020-12-31	$S$3.2 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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Davis Commodities (DTCK) - Net assets