Gorilla Technology (GRRR)

Net assets on the balance sheet as of December 2023 : $54.15 Million USD

According to Gorilla Technology's latest financial reports the company has $54.15 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gorilla Technology - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$28.54 M	-37.85%
2021-12-31	$$45.92 M	-14.15%
2020-12-31	$$53.49 M	-8.38%
2019-12-31	$$58.39 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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Gorilla Technology (GRRR) - Net assets