Forafric Global PLC (AFRI)

Net assets on the balance sheet as of December 2023 : S$38.92 Million

According to Forafric Global PLC's latest financial reports the company has S$38.92 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Forafric Global PLC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$38.57 M	-36%
2022-12-31	$S$60.26 M	-6.45%
2021-12-31	$S$64.42 M	-6.34%
2020-12-31	$S$68.78 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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Forafric Global PLC (AFRI) - Net assets