Motorsport Gaming (MSGM)

Net assets on the balance sheet as of June 2024 : NZ$5.18 Million

According to Motorsport Gaming's latest financial reports the company has NZ$5.18 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Motorsport Gaming - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$2.99 M	-94.61%
2021-12-31	$NZ$55.6 M	2383.11%
2020-12-31	$NZ$2.23 M	-58.24%
2019-12-31	$NZ$5.36 M	-61.6%
2018-12-31	$NZ$13.96 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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Motorsport Gaming (MSGM) - Net assets