Qatar Electronic Systems (TQES.QA)

Net assets on the balance sheet as of June 2023 : $25.18 Million USD

According to Qatar Electronic Systems's latest financial reports the company has $25.18 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Qatar Electronic Systems - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$25.71 M	34.28%
2021-12-31	$$19.15 M

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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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Qatar Electronic Systems (TQES.QA) - Net assets