Ocean Power Technologies (OPTT) - Net assets

Net assets on the balance sheet as of October 2024 : A$34.53 Million

According to Ocean Power Technologies 's latest financial reports the company has A$34.53 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ocean Power Technologies - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$A$66.51 M	-31.71%
2022-04-30	$A$97.39 M	-5.86%
2021-04-30	$A$0.10 B	546.32%
2020-04-30	$A$16 M	-28.41%
2019-04-30	$A$22.35 M	65.47%
2018-04-30	$A$13.51 M	85.78%
2017-04-30	$A$7.27 M	56.57%
2016-04-30	$A$4.64 M	-75.66%
2015-04-30	$A$19.08 M	-37%
2014-04-30	$A$30.29 M	72.95%
2013-04-30	$A$17.51 M	-42.95%
2012-04-30	$A$30.7 M	-27.62%
2011-04-30	$A$42.42 M	-39.51%
2010-04-30	$A$70.12 M	-38.44%
2009-04-30	$A$0.11 B	7.4%
2008-04-30	$A$0.10 B	-21.79%
2007-04-30	$A$0.13 B	231.45%
2006-04-30	$A$40.91 M	-15.44%
2005-04-30	$A$48.38 M	-5.91%
2004-04-30	$A$51.42 M	6426.17%
2003-04-30	$A$0.78 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Capstone Green Energy CGRN	A$1.7 M	-95.07%	🇺🇸 USA
Broadwind BWEN	A$93.12 M	169.64%	🇺🇸 USA
General Electric GE	A$30.55 B	88,353.37%	🇺🇸 USA
Lockheed Martin LMT	A$9.88 B	28,531.49%	🇺🇸 USA
Woodward WWD	A$3.44 B	9,884.27%	🇺🇸 USA

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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