Soltec Power Holdings (SOL.MC)

Net assets on the balance sheet as of June 2023 : NZ$0.28 Billion

According to Soltec Power Holdings's latest financial reports the company has NZ$0.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Soltec Power Holdings - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.27 B	12.77%
2021-12-31	$NZ$0.24 B	0.35%
2020-12-31	$NZ$0.24 B	711.92%
2019-12-31	$NZ$29.91 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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Soltec Power Holdings (SOL.MC) - Net assets