Forafric Global PLC (AFRI)

Net assets on the balance sheet as of December 2023 : NZ$47.2 M

According to Forafric Global PLC's latest financial reports the company has NZ$47.2 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Forafric Global PLC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$70.8 M	1.76%
2021-12-31	$NZ$69.58 M	-3.75%
2020-12-31	$NZ$72.29 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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Forafric Global PLC (AFRI) - Net assets