Avant Technologies Inc. (AVAI)

Net assets on the balance sheet as of June 2024 : -C$2.83 M

According to Avant Technologies Inc.'s latest financial reports the company has -C$2.83 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avant Technologies Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$-C$1.99 M	131.81%
2023-03-31	$-C$0.86 M	69.15%
2022-03-31	$-C$0.51 M	23.01%
2021-03-31	$-C$0.42 M	669.43%
2020-03-31	$-C$0.06 M	-19.2%
2019-03-31	$-C$0.07 M	-1672.98%
2018-03-31	$C$0 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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Avant Technologies Inc. (AVAI) - Net assets