Predilife (ALPRE.PA)

Net assets on the balance sheet as of December 2023 : A$0.85 M

According to Predilife's latest financial reports the company has A$0.85 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Predilife - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.83 M	-44.76%
2022-12-31	$A$1.5 M	-161.59%
2021-12-31	$-A$2.45 M	-313.95%
2020-12-31	$A$1.14 M	-193.78%
2019-12-31	$-A$1.23 M	6106.7%
2018-12-31	$-A$0.02 M	-99.01%
2017-12-31	$-A$1.99 M	-475.34%
2016-12-31	$A$0.52 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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Predilife (ALPRE.PA) - Net assets