Qatar Electronic Systems (TQES.QA)

Net assets on the balance sheet as of June 2023 : A$40.28 Million

According to Qatar Electronic Systems's latest financial reports the company has A$40.28 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Qatar Electronic Systems - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$37.79 M	43.06%
2021-12-31	$A$26.41 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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Qatar Electronic Systems (TQES.QA) - Net assets