GigaCloud Technology (GCT)

Net assets on the balance sheet as of June 2024 : $0.35 Billion USD

According to GigaCloud Technology's latest financial reports the company has $0.35 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GigaCloud Technology - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.19 B	55.1%
2021-12-31	$$0.12 B	45.02%
2020-12-31	$$86.77 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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GigaCloud Technology (GCT) - Net assets