Onfolio Holdings (ONFO)

Net assets on the balance sheet as of June 2024 : NZ$8.23 Million

According to Onfolio Holdings's latest financial reports the company has NZ$8.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Onfolio Holdings - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$19.64 M	297.72%
2021-12-31	$NZ$4.93 M	200.06%
2020-12-31	$NZ$1.64 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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Onfolio Holdings (ONFO) - Net assets