Syntec Optics (OPTX)

Net assets on the balance sheet as of June 2024 : C$16.96 Million

According to Syntec Optics's latest financial reports the company has C$16.96 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Syntec Optics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$17.32 M	34.99%
2022-12-31	$C$12.83 M	-1.01%
2021-12-31	$C$12.96 M

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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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Syntec Optics (OPTX) - Net assets