Gaming Technologies (Gametech) (GMGT)

Net assets on the balance sheet as of December 2022 : -S$6 Million

According to Gaming Technologies (Gametech)'s latest financial reports the company has -S$6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gaming Technologies (Gametech) - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$5.99 Million	124.56%
2021-12-31	$-S$2.67 Million	-226.4%
2020-12-31	$S$2.11 M	399.7%
2019-12-31	$S$0.42 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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Gaming Technologies (Gametech) (GMGT) - Net assets