Red Violet (RDVT) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$0.71 Billion

According to Red Violet's latest financial reports the company has HK$0.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Red Violet - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.67 B	21.08%
2022-12-31	$HK$0.55 B	2.6%
2021-12-31	$HK$0.54 B	61.12%
2020-12-31	$HK$0.33 B	2.52%
2019-12-31	$HK$0.32 B	15.37%
2018-12-31	$HK$0.28 B	105.01%
2017-12-31	$HK$0.13 B	17.43%
2016-12-31	$HK$0.11 B

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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Red Violet (RDVT) - Net assets