Solid Clouds (SOLID.IC)

Net assets on the balance sheet as of December 2023 : S$11.65 Million

According to Solid Clouds's latest financial reports the company has S$11.65 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Solid Clouds - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$11.92 M	-11.66%
2021-12-31	$S$13.49 M	104.08%
2020-12-31	$S$6.61 M	13.54%
2019-12-31	$S$5.82 M	37.62%
2018-12-31	$S$4.23 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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Solid Clouds (SOLID.IC) - Net assets