Envela Corporation (ELA) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$87.5 Million

According to Envela Corporation's latest financial reports the company has NZ$87.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Envela Corporation - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$76.38 M	11.97%
2022-12-31	$NZ$68.22 M	68.68%
2021-12-31	$NZ$40.44 M	66.02%
2020-12-31	$NZ$24.36 M	46.57%
2019-12-31	$NZ$16.62 M	32.52%
2018-12-31	$NZ$12.54 M	14.86%
2017-12-31	$NZ$10.92 M	28.08%
2016-12-31	$NZ$8.52 M	50.74%
2015-12-31	$NZ$5.65 M	-27.19%
2014-12-31	$NZ$7.76 M	-38.76%
2013-12-31	$NZ$12.68 M	-20.24%
2012-12-31	$NZ$15.9 M	-18.83%
2011-12-31	$NZ$19.59 M	-2611.93%
2010-12-31	$-NZ$0.78 Million	-104.55%
2009-12-31	$NZ$17.12 M	-21.1%
2008-12-31	$NZ$21.7 M	-18.01%
2007-12-31	$NZ$26.47 M	179.3%
2006-12-31	$NZ$9.47 M	6.71%
2005-12-31	$NZ$8.88 M	13.37%
2004-12-31	$NZ$7.83 M	-5.02%
2003-12-31	$NZ$8.24 M	-9.14%
2002-12-31	$NZ$9.07 M	-15.65%
2001-12-31	$NZ$10.76 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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