Witbe S.A. (ALWIT.PA)

Net assets on the balance sheet as of December 2023 : A$11.3 Million

According to Witbe S.A.'s latest financial reports the company has A$11.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Witbe S.A. - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$11.43 M	21.09%
2021-12-31	$A$9.44 M	67.99%
2020-12-31	$A$5.62 M	-38.34%
2019-12-31	$A$9.11 M	7.92%
2018-12-31	$A$8.44 M	-10.06%
2017-12-31	$A$9.39 M	-34.03%
2016-12-31	$A$14.23 M	339.17%
2015-12-31	$A$3.24 M	255.88%
2014-12-31	$A$0.91 M	-146.33%
2013-12-31	$-A$1.97 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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Witbe S.A. (ALWIT.PA) - Net assets