Warrantee Inc. (WRNT)

Net assets on the balance sheet as of March 2023 : NZ$0.05 Million

According to Warrantee Inc.'s latest financial reports the company has NZ$0.05 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Warrantee Inc. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.04 M	-110.36%
2022-03-31	$-NZ$0.47 Million	-160.85%
2021-03-31	$NZ$0.76 M	-140.24%
2020-03-31	$-NZ$1.9 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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Warrantee Inc. (WRNT) - Net assets