Wiit S.p.A. (WIIT.MI)

Net assets on the balance sheet as of June 2024 : A$50.6 M

According to Wiit S.p.A.'s latest financial reports the company has A$50.6 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wiit S.p.A. - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$52.81 M	-16.75%
2022-12-31	$A$63.44 M	-10.38%
2021-12-31	$A$70.79 M	192.72%
2020-12-31	$A$24.18 M	-26.84%
2019-12-31	$A$33.05 M	-7.85%
2018-12-31	$A$35.87 M	-5.7%
2017-12-31	$A$38.04 M	477.9%
2016-12-31	$A$6.58 M	48.21%
2015-12-31	$A$4.44 M	-16.84%
2014-12-31	$A$5.34 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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Wiit S.p.A. (WIIT.MI) - Net assets