Wrap Technologies (WRAP)

Net assets on the balance sheet as of March 2024 : A$6.72 M

According to Wrap Technologies 's latest financial reports the company has A$6.72 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wrap Technologies - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$39.75 M	-29.94%
2021-12-31	$A$56.75 M	-5.78%
2020-12-31	$A$60.23 M	120.58%
2019-12-31	$A$27.3 M	55.32%
2018-12-31	$A$17.58 M	346.75%
2017-12-31	$A$3.93 M	1262.85%
2016-12-31	$A$0.28 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
VIAVI Solutions VIAV	A$1.02 B	15,104.10%	🇺🇸 USA

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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Wrap Technologies (WRAP) - Net assets

Net assets on the balance sheet as of March 2024 : A$6.72 M