Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : £67.94 Million

According to Orbit Communication Systems 's latest financial reports the company has £67.94 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£62.8 M	9.58%
2022-12-31	$£57.31 M	77.72%
2021-12-31	$£32.25 M	23.14%
2020-12-31	$£26.19 M	11.05%
2019-12-31	$£23.58 M	28.59%
2018-12-31	$£18.34 M	11.09%
2017-12-31	$£16.51 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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Orbit Communication Systems (ORBI.TA) - Net assets