Syntec Optics (OPTX)

Net assets on the balance sheet as of June 2024 : A$18.2 M

According to Syntec Optics's latest financial reports the company has A$18.2 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Syntec Optics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$19.17 M	37.94%
2022-12-31	$A$13.9 M	-0.66%
2021-12-31	$A$13.99 M

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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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Syntec Optics (OPTX) - Net assets