Envela Corporation (ELA)

Net assets on the balance sheet as of September 2024 : $51.11 Million USD

According to Envela Corporation's latest financial reports the company has $51.11 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Envela Corporation - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$48.3 M	11.53%
2022-12-31	$$43.31 M	56.79%
2021-12-31	$$27.62 M	57.17%
2020-12-31	$$17.57 M	57.03%
2019-12-31	$$11.19 M	33.05%
2018-12-31	$$8.41 M	8.48%
2017-12-31	$$7.75 M	31.31%
2016-12-31	$$5.9 M	52.56%
2015-12-31	$$3.87 M	-36.4%
2014-12-31	$$6.08 M	-41.61%
2013-12-31	$$10.42 M	-20.32%
2012-12-31	$$13.08 M	-14.44%
2011-12-31	$$15.29 M	-2641.14%
2010-12-31	$-$0.61 Million	-104.84%
2009-12-31	$$12.43 M	-1.25%
2008-12-31	$$12.59 M	-37.88%
2007-12-31	$$20.27 M	203.68%
2006-12-31	$$6.67 M	9.99%
2005-12-31	$$6.07 M	8.6%
2004-12-31	$$5.59 M	4.26%
2003-12-31	$$5.36 M	12.86%
2002-12-31	$$4.75 M	6.31%
2001-12-31	$$4.46 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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Envela Corporation (ELA) - Net assets