ADS-TEC Energy (ADSE)

Net assets on the balance sheet as of December 2023 : NZ$63.98 Million

According to ADS-TEC Energy's latest financial reports the company has NZ$63.98 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ADS-TEC Energy - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.13 B	-15.08%
2021-12-31	$NZ$0.16 B	-1197.23%
2020-12-31	$-NZ$14.65 Million	-620.54%
2019-12-31	$NZ$2.81 M	-88%
2018-12-31	$NZ$23.43 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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ADS-TEC Energy (ADSE) - Net assets