Nogin (NOGN) - Net assets

Net assets on the balance sheet as of September 2023 : -NZ$0.17 Billion

According to Nogin's latest financial reports the company has -NZ$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$-NZ$0.12 Billion	493.77%
2021-12-31	$-NZ$19.38 Million	5.73%
2020-12-31	$-NZ$18.33 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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