Globavend (GVH) - Net Assets

Net assets on the balance sheet as of September 2024 : A$7.21 Million

According to Globavend's latest financial reports the company has A$7.21 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globavend - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-09-30	$A$7.47 M	856.81%
2023-09-30	$A$0.78 M	-44.11%
2022-09-30	$A$1.39 M	-35.2%
2021-09-30	$A$2.15 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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Globavend (GVH) - Net assets