HomeBiogas (HMGS.TA)

Net assets on the balance sheet as of December 2023 : NZ$23.99 Million

According to HomeBiogas's latest financial reports the company has NZ$23.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HomeBiogas - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$22.66 M	71.09%
2021-12-31	$NZ$13.24 M	383.24%
2020-12-31	$NZ$2.74 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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HomeBiogas (HMGS.TA) - Net assets