FGI Industries (FGI)

Net assets on the balance sheet as of June 2024 : S$31.4 Million

According to FGI Industries's latest financial reports the company has S$31.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FGI Industries - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$30.49 M	198.74%
2021-12-31	$S$10.2 M	403.69%
2020-12-31	$S$2.02 M	-58.48%
2019-12-31	$S$4.88 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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FGI Industries (FGI) - Net assets