M2i Formation (ALMII.PA)

Net assets on the balance sheet as of December 2023 : NZ$45.12 Million

According to M2i Formation's latest financial reports the company has NZ$45.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

M2i Formation - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$41.22 M	14.5%
2022-12-31	$NZ$36 M	12.21%
2021-12-31	$NZ$32.08 M	5.29%
2020-12-31	$NZ$30.47 M	3.54%
2019-12-31	$NZ$29.43 M	0.85%
2018-12-31	$NZ$29.18 M	25.66%
2017-12-31	$NZ$23.22 M	163.74%
2016-12-31	$NZ$8.8 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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M2i Formation (ALMII.PA) - Net assets