Envela Corporation (ELA)

Net assets on the balance sheet as of June 2024 : NZ$81.07 M

According to Envela Corporation's latest financial reports the company has NZ$81.07 M 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	69.12%
2021-12-31	$NZ$40.34 M	65.05%
2020-12-31	$NZ$24.44 M	47.29%
2019-12-31	$NZ$16.59 M	32.36%
2018-12-31	$NZ$12.53 M	14.8%
2017-12-31	$NZ$10.92 M	28.08%
2016-12-31	$NZ$8.52 M	50.57%
2015-12-31	$NZ$5.66 M	-27.02%
2014-12-31	$NZ$7.75 M	-38.87%
2013-12-31	$NZ$12.69 M	-20.47%
2012-12-31	$NZ$15.95 M	-18.55%
2011-12-31	$NZ$19.59 M	-2601.9%
2010-12-31	$-NZ$0.79 M	-104.54%
2009-12-31	$NZ$17.25 M	-20.98%
2008-12-31	$NZ$21.83 M	-16.8%
2007-12-31	$NZ$26.24 M	176.87%
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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Envela Corporation (ELA) - Net assets