Western Bulk (WEST.OL)

Net assets on the balance sheet as of December 2023 : $52.48 M

According to Western Bulk's latest financial reports the company has $52.48 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Western Bulk - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$52.48 M	-22.94%
2022-12-31	$$68.1 M	33.21%
2021-12-31	$$51.12 M	158.13%
2020-12-31	$$19.8 M	23.93%
2019-12-31	$$15.98 M	-33.68%
2018-12-31	$$24.1 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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Western Bulk (WEST.OL) - Net assets