Groupe Airwell (ALAIR.PA)

Net assets on the balance sheet as of December 2023 : A$6.4 M

According to Groupe Airwell's latest financial reports the company has A$6.4 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Groupe Airwell - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$6.27 M	-62.48%
2022-12-31	$A$16.71 M	671.81%
2021-12-31	$A$2.16 M	-337.44%
2020-12-31	$-A$0.92 M	-317.97%
2019-12-31	$A$0.41 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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Groupe Airwell (ALAIR.PA) - Net assets