Orbit Communication Systems (ORBI.TA)

Total assets on the balance sheet as of June 2024 : A$0.18 B

According to Orbit Communication Systems 's latest financial reports the company's total assets are A$0.18 B. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2023-12-31	A$0.17 B	13.3%
2022-12-31	A$0.15 B	47.01%
2021-12-31	A$0.10 B	33%
2020-12-31	A$79.76 M	-0.94%
2019-12-31	A$80.51 M	21.88%
2018-12-31	A$66.06 M	9.99%
2017-12-31	A$60.06 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) - Total assets