Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : A$0.13 Billion

According to Orbit Communication Systems 's latest financial reports the company has A$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.11 B	15.26%
2022-12-31	$A$0.10 B	69.69%
2021-12-31	$A$60.04 M	29.33%
2020-12-31	$A$46.42 M	5.11%
2019-12-31	$A$44.17 M	33.66%
2018-12-31	$A$33.04 M	15.63%
2017-12-31	$A$28.58 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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Orbit Communication Systems (ORBI.TA) - Net assets