Fortinova Fastigheter AB (FNOVA-B.ST)

Net assets on the balance sheet as of December 2023 : S$0.27 B

According to Fortinova Fastigheter AB's latest financial reports the company has S$0.27 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortinova Fastigheter AB - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.28 B
2021-08-31	$S$0.35 B	86.5%
2020-08-31	$S$0.18 B	88.69%
2019-08-31	$S$99.8 M	20.14%
2018-08-31	$S$83.07 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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Fortinova Fastigheter AB (FNOVA-B.ST) - Net assets