American Virtual Cloud (AVCT)

Net assets on the balance sheet as of September 2022 : HK$0.13 Billion

According to American Virtual Cloud 's latest financial reports the company has HK$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

American Virtual Cloud - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$HK$7.03 M
2020-03-31	$-HK$0.12 Billion	-105.14%
2019-03-31	$HK$2.21 B	-8.86%
2018-03-31	$HK$2.43 B	-528985.56%
2017-03-31	$-HK$0.46 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
GDS Holdings GDS	HK$24.50 B	17,910.01%	🇨🇳 China
American Virtual Cloud AVCT	HK$0.13 B	0.00%	🇺🇸 USA

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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American Virtual Cloud (AVCT) - Net assets

Net assets on the balance sheet as of September 2022 : HK$0.13 Billion