Polished.com (POL) - Net assets

Net assets on the balance sheet as of September 2023 : S$69.08 Million

According to Polished.com's latest financial reports the company has S$69.08 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polished.com - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$83.87 M	-67.41%
2021-12-31	$S$0.25 B	-1560.79%
2020-12-31	$-S$17.62 Million	220.4%
2019-12-31	$-S$5.5 Million	-218.42%
2018-12-31	$S$4.64 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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