Sono (SEV) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$46.61 Million

According to Sono's latest financial reports the company has NZ$46.61 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sono - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$NZ$0.13 B	-1714.72%
2020-12-31	$-NZ$8.57 Million	-72.26%
2019-12-31	$-NZ$30.89 Million	31.36%
2018-12-31	$-NZ$23.52 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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