IBU-tec advanced materials AG (IBU.DE)

Net assets on the balance sheet as of December 2023 : $62.69 M

According to IBU-tec advanced materials AG's latest financial reports the company has $62.69 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IBU-tec advanced materials AG - Net assets on balance sheet (from 2016 to 2022)

Net assets by year

Year	Net assets	Change
2023-12-31	$$62.69 M	-1.59%
2022-12-31	$$63.7 M	-3.63%
2021-12-31	$$66.1 M	64.68%
2020-12-31	$$40.13 M	12.29%
2019-12-31	$$35.74 M	-1.78%
2018-12-31	$$36.39 M	0.9%
2017-12-31	$$36.06 M	146.7%
2016-12-31	$$14.61 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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IBU-tec advanced materials AG (IBU.DE) - Net assets