Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : $85.62 Million USD

According to Orbit Communication Systems 's latest financial reports the company has $85.62 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$80.01 M	15.39%
2022-12-31	$$69.34 M	59.28%
2021-12-31	$$43.53 M	21.94%
2020-12-31	$$35.7 M	15.43%
2019-12-31	$$30.92 M	32.84%
2018-12-31	$$23.28 M	4.34%
2017-12-31	$$22.31 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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Orbit Communication Systems (ORBI.TA) - Net assets