INNOVATE Corp. (VATE) - Net assets

Net assets on the balance sheet as of September 2024 : -HK$1.1 Billion

According to INNOVATE Corp.'s latest financial reports the company has -HK$1.1 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

INNOVATE Corp. - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$1.2 Billion	223.38%
2022-12-31	$-HK$0.37 Billion	585.43%
2021-12-31	$-HK$53.81 Million	-101.13%
2020-12-31	$HK$4.77 B	34.77%
2019-12-31	$HK$3.54 B	124.3%
2018-12-31	$HK$1.57 B	6.57%
2017-12-31	$HK$1.48 B	173.18%
2016-12-31	$HK$0.54 B	-41.98%
2015-12-31	$HK$0.93 B	11.22%
2014-12-31	$HK$0.84 B	99.28%
2013-12-31	$HK$0.42 B	-20.54%
2012-12-31	$HK$0.53 B	-32.78%
2011-12-31	$HK$0.78 B	22.25%
2010-12-31	$HK$0.64 B	-16.58%
2009-12-31	$HK$0.77 B	-121.72%
2008-12-31	$-HK$3.57 Billion	2.21%
2007-12-31	$-HK$3.49 Billion	-4.18%
2006-12-31	$-HK$3.65 Billion	98.75%
2005-12-31	$-HK$1.84 Billion	116.81%
2004-12-31	$-HK$0.85 Billion	13.15%
2003-12-31	$-HK$0.75 Billion	-52.14%
2002-12-31	$-HK$1.57 Billion	12.14%
2001-12-31	$-HK$1.4 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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