Kits Eyecare (KITS.TO)

Net assets on the balance sheet as of June 2024 : $39 M

According to Kits Eyecare's latest financial reports the company has $39 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kits Eyecare - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$38.78 M	-2%
2022-12-31	$$39.58 M	-8.56%
2021-12-31	$$43.28 M	-9733.95%
2020-12-31	$-$0.45 M	-109.39%
2019-12-31	$$4.78 M
2018-12-31	$N/A

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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Kits Eyecare (KITS.TO) - Net assets