SKYX Platforms (SKYX)

Net assets on the balance sheet as of September 2024 : S$5.17 Million

According to SKYX Platforms's latest financial reports the company has S$5.17 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SKYX Platforms - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$10.89 M	-7378.87%
2021-12-31	$-S$0.15 Million	-98.73%
2020-12-31	$-S$11.76 Million
2017-12-31	$-S$32.97 Million	-68.4%
2016-12-31	$-S$0.11 Billion	125.23%
2015-12-31	$-S$46.33 Million	274.48%
2014-12-31	$-S$12.38 Million	313.63%
2013-12-31	$-S$3 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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SKYX Platforms (SKYX) - Net assets