Guardforce AI (GFAI)

Net assets on the balance sheet as of December 2023 : S$32.76 M

According to Guardforce AI's latest financial reports the company has S$32.76 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Guardforce AI - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$25.64 M	191.48%
2021-12-31	$S$8.79 M	-408.15%
2020-12-31	$-S$2.86 M	-260.04%
2019-12-31	$S$1.78 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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Guardforce AI (GFAI) - Net assets