Avid Technology (AVID) - Net assets

Net assets on the balance sheet as of September 2023 : -HK$0.97 B

According to Avid Technology 's latest financial reports the company has -HK$0.97 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avid Technology - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$0.93 B	-4.07%
2021-12-31	$-HK$0.97 B	-6.13%
2020-12-31	$-HK$1.04 B	-14.68%
2019-12-31	$-HK$1.21 B	-7.44%
2018-12-31	$-HK$1.31 B	-37.8%
2017-12-31	$-HK$2.1 B	0.25%
2016-12-31	$-HK$2.1 B	-18.06%
2015-12-31	$-HK$2.56 B	-3.47%
2014-12-31	$-HK$2.65 B	-5.03%
2013-12-31	$-HK$2.79 B	-6.77%
2012-12-31	$-HK$2.99 B	-192.28%
2011-12-31	$HK$3.23 B	-2.25%
2010-12-31	$HK$3.31 B	-3.58%
2009-12-31	$HK$3.43 B	-10%
2008-12-31	$HK$3.81 B	-37.26%
2007-12-31	$HK$6.08 B	0.27%
2006-12-31	$HK$6.06 B	-6.76%
2005-12-31	$HK$6.50 B	119%
2004-12-31	$HK$2.97 B	68.59%
2003-12-31	$HK$1.76 B	82.95%
2002-12-31	$HK$0.96 B	17.98%
2001-12-31	$HK$0.81 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Adobe ADBE	HK$115.70 B	-12,149.36%	🇺🇸 USA
Apple AAPL	HK$519.99 B	-54,252.70%	🇺🇸 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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