FaZe Clan (FAZE) - Net assets

Net assets on the balance sheet as of September 2023 : A$33.2 Million

According to FaZe Clan's latest financial reports the company has A$33.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FaZe Clan - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$68.7 M	-146.58%
2021-12-31	$-A$0.15 Billion	56.52%
2020-12-31	$-A$94.23 Million	50.48%
2019-12-31	$-A$62.63 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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