Lucas GC (LGCL) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$47.68 Million

According to Lucas GC's latest financial reports the company has NZ$47.68 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucas GC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$43.97 M	63.49%
2022-12-31	$NZ$26.9 M	-480.51%
2021-12-31	$-NZ$7.07 Million	-52.87%
2020-12-31	$-NZ$15.01 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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Lucas GC (LGCL) - Net assets