Polished.com (POL) - Net assets

Net assets on the balance sheet as of September 2023 : A$81.27 Million

According to Polished.com's latest financial reports the company has A$81.27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polished.com - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$91.93 M	-64.98%
2021-12-31	$A$0.26 B	-1616.15%
2020-12-31	$-A$17.32 Million	197.3%
2019-12-31	$-A$5.83 Million	-220.74%
2018-12-31	$A$4.82 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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