American Virtual Cloud (AVCT)

Net assets on the balance sheet as of September 2022 : NZ$28.6 Million

According to American Virtual Cloud 's latest financial reports the company has NZ$28.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

American Virtual Cloud - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$NZ$1.32 M
2020-03-31	$-NZ$24.45 Million	-105.89%
2019-03-31	$NZ$0.41 B	-3%
2018-03-31	$NZ$0.42 B	-506490.68%
2017-03-31	$-NZ$0.09 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
GDS Holdings GDS	NZ$5.15 B	17,910.01%	🇨🇳 China
American Virtual Cloud AVCT	NZ$28.6 M	0.00%	🇺🇸 USA

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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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American Virtual Cloud (AVCT) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$28.6 Million