NeoGames (NGMS) - Net assets

Net assets on the balance sheet as of September 2023 : ₹11.39 Billion

According to NeoGames's latest financial reports the company has ₹11.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NeoGames - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹12.02 B	170.23%
2021-12-31	$₹4.45 B	19.74%
2020-12-31	$₹3.71 B	-1029.39%
2019-12-31	$-₹0.4 Billion	154.76%
2018-12-31	$-₹0.16 Billion

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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