Eco Wave Power Global (WAVE)

Net assets on the balance sheet as of June 2024 : $6.48 M

According to Eco Wave Power Global's latest financial reports the company has $6.48 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eco Wave Power Global - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$$7.8 M	-20.99%
2022-12-31	$$9.87 M	-32.98%
2021-12-31	$$14.73 M	1017.6%
2020-12-31	$$1.31 M	8.77%
2019-12-31	$$1.21 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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Eco Wave Power Global (WAVE) - Net assets