SofWave Medical (SOFW.TA)

Net assets on the balance sheet as of June 2024 : A$38.56 Million

According to SofWave Medical's latest financial reports the company has A$38.56 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SofWave Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$38.66 M	-18.64%
2022-12-31	$A$47.52 M	-26.23%
2021-12-31	$A$64.41 M	3131.12%
2020-12-31	$A$1.99 M	-66.08%
2019-12-31	$A$5.87 M	-763.54%
2018-12-31	$-A$0.89 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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SofWave Medical (SOFW.TA) - Net assets