23andMe (ME) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.22 Billion

According to 23andMe's latest financial reports the company has A$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

23andMe - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$1.06 B	-12.9%
2022-03-31	$A$1.22 B	-255.9%
2021-03-31	$-A$0.79 Billion

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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23andMe (ME) - Net assets