Fresh Vine Wine (VINE)

Net assets on the balance sheet as of June 2024 : -A$3.26 M

According to Fresh Vine Wine's latest financial reports the company has -A$3.26 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fresh Vine Wine - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$1.22 M	-114.76%
2022-12-31	$A$8.24 M	-64.87%
2021-12-31	$A$23.48 M	-1336.81%
2020-12-31	$-A$1.9 M	213.98%
2019-12-31	$-A$0.61 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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Fresh Vine Wine (VINE) - Net assets