American Virtual Cloud (AVCT)

Net assets on the balance sheet as of September 2022 : C$24.56 Million

According to American Virtual Cloud 's latest financial reports the company has C$24.56 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

American Virtual Cloud - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$C$1.14 M
2020-03-31	$-C$20.83 Million	-105.53%
2019-03-31	$C$0.37 B	-5.77%
2018-03-31	$C$0.40 B	-507060.11%
2017-03-31	$-C$0.08 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
GDS Holdings GDS	C$4.42 B	17,910.01%	🇨🇳 China
American Virtual Cloud AVCT	C$24.56 M	0.00%	🇺🇸 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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American Virtual Cloud (AVCT) - Net assets

Net assets on the balance sheet as of September 2022 : C$24.56 Million