Wrap Technologies (WRAP)

Net assets on the balance sheet as of March 2024 : HK$34.94 M

According to Wrap Technologies 's latest financial reports the company has HK$34.94 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wrap Technologies - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.21 B	-34.3%
2021-12-31	$HK$0.32 B	-10.59%
2020-12-31	$HK$0.35 B	140.7%
2019-12-31	$HK$0.14 B	54.11%
2018-12-31	$HK$97.01 M	304.18%
2017-12-31	$HK$24 M	1387.17%
2016-12-31	$HK$1.61 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
VIAVI Solutions VIAV	HK$5.31 B	15,104.10%	🇺🇸 USA

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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Wrap Technologies (WRAP) - Net assets

Net assets on the balance sheet as of March 2024 : HK$34.94 M