Netcapital (NCPL) - Net Assets

Net assets on the balance sheet as of July 2024 : S$50.3 Million

According to Netcapital's latest financial reports the company has S$50.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netcapital - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$S$48.28 M	38.31%
2022-04-30	$S$34.9 M	85.76%
2021-04-30	$S$18.79 M	1861.72%
2020-04-30	$S$0.95 M	-181.37%
2019-04-30	$-S$1.18 Million	-40.05%
2018-04-30	$-S$1.97 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	S$0.57 B	1,042.51%	🇨🇳 China

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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Netcapital (NCPL) - Net assets

Net assets on the balance sheet as of July 2024 : S$50.3 Million