SofWave Medical (SOFW.TA)

Net assets on the balance sheet as of June 2024 : S$33.62 Million

According to SofWave Medical's latest financial reports the company has S$33.62 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SofWave Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$34.79 M	-19.75%
2022-12-31	$S$43.35 M	-31.33%
2021-12-31	$S$63.13 M	3013.16%
2020-12-31	$S$2.02 M	-63.44%
2019-12-31	$S$5.54 M	-750.78%
2018-12-31	$-S$0.86 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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SofWave Medical (SOFW.TA) - Net assets