Orangekloud Technology (ORKT)

Net assets on the balance sheet as of December 2024 : S$12.91 Million

According to Orangekloud Technology's latest financial reports the company has S$12.91 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orangekloud Technology - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$S$13.55 M	546.57%
2023-12-31	$S$2.09 M	-37.68%
2022-12-31	$S$3.36 M	147.01%
2021-12-31	$S$1.36 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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Orangekloud Technology (ORKT) - Net assets