SKYX Platforms (SKYX)

Net assets on the balance sheet as of June 2024 : NZ$16.25 Million

According to SKYX Platforms's latest financial reports the company has NZ$16.25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SKYX Platforms - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$12.8 M	-7996.86%
2021-12-31	$-NZ$0.17 Million	-98.68%
2020-12-31	$-NZ$12.32 Million
2017-12-31	$-NZ$34.71 Million	-66.65%
2016-12-31	$-NZ$0.11 Billion	117.5%
2015-12-31	$-NZ$47.86 Million	300.46%
2014-12-31	$-NZ$11.95 Million	315.98%
2013-12-31	$-NZ$2.88 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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SKYX Platforms (SKYX) - Net assets