Guardforce AI (GFAI)

Net assets on the balance sheet as of December 2023 : ₹2.19 Billion

According to Guardforce AI's latest financial reports the company has ₹2.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Guardforce AI - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.58 B	225.99%
2021-12-31	$₹0.48 B	-407.44%
2020-12-31	$-₹0.16 Billion	-266.95%
2019-12-31	$₹94.62 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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Guardforce AI (GFAI) - Net assets