NeoVolta (NEOV) - Net Assets

Net assets on the balance sheet as of June 2024 : $4.59 Million USD

According to NeoVolta's latest financial reports the company has $4.59 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NeoVolta - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$6.46 M	147.07%
2022-06-30	$$2.61 M	-16.88%
2021-06-30	$$3.14 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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NeoVolta (NEOV) - Net assets