Polished.com (POL) - Net assets

Net assets on the balance sheet as of September 2023 : HK$0.42 Billion

According to Polished.com's latest financial reports the company has HK$0.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polished.com - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.48 B	-67.07%
2021-12-31	$HK$1.48 B	-1537.86%
2020-12-31	$-HK$0.11 Billion	225.01%
2019-12-31	$-HK$31.77 Million	-219.34%
2018-12-31	$HK$26.61 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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