FaZe Clan (FAZE) - Net assets

Net assets on the balance sheet as of September 2023 : HK$0.17 Billion

According to FaZe Clan's latest financial reports the company has HK$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FaZe Clan - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.36 B	-143.81%
2021-12-31	$-HK$0.84 Billion	48.44%
2020-12-31	$-HK$0.57 Billion	64.5%
2019-12-31	$-HK$0.35 Billion

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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