Signing Day Sports (SGN)

Net assets on the balance sheet as of June 2024 : -A$1.38 M

According to Signing Day Sports's latest financial reports the company has -A$1.38 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Signing Day Sports - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$11.91 M	143.12%
2021-12-31	$-A$4.9 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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Signing Day Sports (SGN) - Net assets