Motorsport Gaming (MSGM)

Net assets on the balance sheet as of March 2024 : NZ$1.6 M

According to Motorsport Gaming's latest financial reports the company has NZ$1.6 M 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	-94.59%
2021-12-31	$NZ$55.46 M	2368.55%
2020-12-31	$NZ$2.24 M	-58.04%
2019-12-31	$NZ$5.35 M	-61.64%
2018-12-31	$NZ$13.95 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