AXIL Brands (AXIL) - Net Assets

Net assets on the balance sheet as of May 2024 : HK$59.98 M

According to AXIL Brands's latest financial reports the company has HK$59.98 M 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$52.24 M	3504.63%
2022-05-31	$HK$1.44 M	-45.97%
2021-05-31	$HK$2.68 M	-31.41%
2020-05-31	$HK$3.91 M	-26.36%
2019-05-31	$HK$5.31 M	31.89%
2018-05-31	$HK$4.02 M	-6.47%
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