SKYX Platforms (SKYX)

Net assets on the balance sheet as of September 2024 : A$6.12 Million

According to SKYX Platforms's latest financial reports the company has A$6.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SKYX Platforms - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$11.94 M	-7920.03%
2021-12-31	$-A$0.16 Million	-98.68%
2020-12-31	$-A$11.56 Million
2017-12-31	$-A$31.58 Million	-68.43%
2016-12-31	$-A$0.11 Billion	122.47%
2015-12-31	$-A$44.96 Million	292.98%
2014-12-31	$-A$11.44 Million	332.28%
2013-12-31	$-A$2.65 Million

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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SKYX Platforms (SKYX) - Net assets