G Medical Innovations (GMVD)

Net assets on the balance sheet as of December 2022 : -$4.58 Million USD

According to G Medical Innovations's latest financial reports the company has -$4.58 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

G Medical Innovations - Net assets on balance sheet (from 2017 to 2019)

Net assets by year

Year	Net assets	Change
2022-12-31	$-$4.58 Million	62.55%
2021-12-31	$-$2.82 Million	-4.65%
2020-12-31	$-$2.95 Million	-57.35%
2019-12-31	$-$6.92 Million	278.97%
2018-12-31	$-$1.83 Million	-117.69%
2017-12-31	$$10.31 M
2016-09-30	$$4.85 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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G Medical Innovations (GMVD) - Net assets