AXIL Brands (AXIL) - Net Assets

Net assets on the balance sheet as of August 2024 : HK$61.37 Million

According to AXIL Brands's latest financial reports the company has HK$61.37 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AXIL Brands - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$HK$52.26 M	3505.59%
2022-05-31	$HK$1.44 M	-45.97%
2021-05-31	$HK$2.68 M	-31.4%
2020-05-31	$HK$3.91 M	-26.43%
2019-05-31	$HK$5.31 M	31.98%
2018-05-31	$HK$4.02 M	-6.43%
2017-05-31	$HK$4.3 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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AXIL Brands (AXIL) - Net assets