Nitro Games (NITRO.ST)

Net assets on the balance sheet as of June 2024 : NZ$3.61 M

According to Nitro Games's latest financial reports the company has NZ$3.61 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nitro Games - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.85 M	-86.76%
2021-12-31	$NZ$6.47 M	155.21%
2020-12-31	$NZ$2.53 M	-22.48%
2019-12-31	$NZ$3.27 M	-50.31%
2018-12-31	$NZ$6.58 M	20.09%
2017-12-31	$NZ$5.48 M	186.89%
2016-12-31	$NZ$1.91 M	70.16%
2015-12-31	$NZ$1.12 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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Nitro Games (NITRO.ST) - Net assets