Avant Technologies Inc. (AVAI)

Net assets on the balance sheet as of June 2024 : -NZ$3.5 Million

According to Avant Technologies Inc.'s latest financial reports the company has -NZ$3.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avant Technologies Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$-NZ$2.46 Million	143.34%
2023-03-31	$-NZ$1.02 Million	73.6%
2022-03-31	$-NZ$0.59 Million	24.25%
2021-03-31	$-NZ$0.47 Million	646.7%
2020-03-31	$-NZ$0.07 Million	-14.03%
2019-03-31	$-NZ$0.08 Million	-1719.35%
2018-03-31	$NZ$0 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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Avant Technologies Inc. (AVAI) - Net assets