Ryde Group (RYDE) - Net Assets

Net assets on the balance sheet as of December 2024 : NZ$4.98 Million

According to Ryde Group's latest financial reports the company has NZ$4.98 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ryde Group - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$5.04 M	-156.78%
2023-12-31	$-NZ$8.89 Million	51.3%
2022-12-31	$-NZ$5.88 Million	3376.55%
2021-12-31	$-NZ$0.17 Million

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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Ryde Group (RYDE) - Net assets