Ultimate Games (ULG.WA)

Net assets on the balance sheet as of March 2024 : HK$53.12 M

According to Ultimate Games's latest financial reports the company has HK$53.12 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ultimate Games - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$57.06 M	-38.75%
2021-12-31	$HK$93.16 M	-7.94%
2020-12-31	$HK$0.10 B	495.46%
2019-12-31	$HK$16.99 M	123.7%
2018-12-31	$HK$7.59 M	92.14%
2017-12-31	$HK$3.95 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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Ultimate Games (ULG.WA) - Net assets