Annovis Bio (ANVS) - Net Assets

Net assets on the balance sheet as of June 2024 : -$1.76 Million USD

According to Annovis Bio's latest financial reports the company has -$1.76 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-$7.76 Million	-127.37%
2022-12-31	$$28.32 M	-36.34%
2021-12-31	$$44.49 M	490.04%
2020-12-31	$$7.54 M	-187.93%
2019-12-31	$-$8.58 Million	12.94%
2018-12-31	$-$7.6 Million	9.02%
2017-12-31	$-$6.97 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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Annovis Bio (ANVS) - Net assets