NeoGames (NGMS) - Net assets

Net assets on the balance sheet as of September 2023 : HK$1.05 Billion

According to NeoGames's latest financial reports the company has HK$1.05 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NeoGames - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.13 B	143.56%
2021-12-31	$HK$0.46 B	18.34%
2020-12-31	$HK$0.39 B	-1002.04%
2019-12-31	$-HK$43.68 Million	148.43%
2018-12-31	$-HK$17.59 Million

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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