Avant Technologies Inc. (AVAI)

Net assets on the balance sheet as of September 2024 : -C$2.6 Million

According to Avant Technologies Inc.'s latest financial reports the company has -C$2.6 Million 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 Million	131.93%
2023-03-31	$-C$0.86 Million	69.15%
2022-03-31	$-C$0.51 Million	22.51%
2021-03-31	$-C$0.42 Million	673.33%
2020-03-31	$-C$0.06 Million	-19.32%
2019-03-31	$-C$0.07 Million	-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