Red Violet (RDVT) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.14 B

According to Red Violet's latest financial reports the company has NZ$0.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Red Violet - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.13 B	21.6%
2022-12-31	$NZ$0.11 B	10.45%
2021-12-31	$NZ$0.10 B	68.21%
2020-12-31	$NZ$60.26 M	-3.4%
2019-12-31	$NZ$62.38 M	15.4%
2018-12-31	$NZ$54.05 M	116.47%
2017-12-31	$NZ$24.97 M	13.68%
2016-12-31	$NZ$21.96 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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Red Violet (RDVT) - Net assets