Envela Corporation (ELA) - Net assets

Net assets on the balance sheet as of September 2024 : A$81.75 Million

According to Envela Corporation's latest financial reports the company has A$81.75 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Envela Corporation - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$70.9 M	11.4%
2022-12-31	$A$63.65 M	67.04%
2021-12-31	$A$38.1 M	66.69%
2020-12-31	$A$22.86 M	42.98%
2019-12-31	$A$15.98 M	33.87%
2018-12-31	$A$11.94 M	20.22%
2017-12-31	$A$9.93 M	21.24%
2016-12-31	$A$8.19 M	54.18%
2015-12-31	$A$5.31 M	-28.55%
2014-12-31	$A$7.43 M	-36.36%
2013-12-31	$A$11.68 M	-7.17%
2012-12-31	$A$12.59 M	-15.58%
2011-12-31	$A$14.91 M	-2617.42%
2010-12-31	$-A$0.6 Million	-104.28%
2009-12-31	$A$13.84 M	-22.44%
2008-12-31	$A$17.85 M	-23.03%
2007-12-31	$A$23.19 M	173.81%
2006-12-31	$A$8.47 M	2.09%
2005-12-31	$A$8.29 M	14.85%
2004-12-31	$A$7.22 M	0.14%
2003-12-31	$A$7.21 M	-14.46%
2002-12-31	$A$8.43 M	-3.7%
2001-12-31	$A$8.75 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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