Forian (FORA) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$47.7 Million

According to Forian's latest financial reports the company has NZ$47.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Forian - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$19.56 M	-46.91%
2021-12-31	$NZ$36.85 M	136%
2020-12-31	$NZ$15.61 M	-3842.15%
2019-12-31	$-NZ$0.42 Million

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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Forian (FORA) - Net assets