Polished.com (POL) - Net assets

Net assets on the balance sheet as of September 2023 : C$73.74 M

According to Polished.com's latest financial reports the company has C$73.74 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polished.com - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$84.89 M	-64.76%
2021-12-31	$C$0.24 B	-1518.68%
2020-12-31	$-C$16.99 M	221.19%
2019-12-31	$-C$5.29 M	-214.03%
2018-12-31	$C$4.63 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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