4basebio (4BB.L) - Net Assets

Net assets on the balance sheet as of December 2023 : -A$1.01 Million

According to 4basebio's latest financial reports the company has -A$1.01 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

4basebio - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.93 Million	-107.27%
2022-12-31	$A$12.65 M	-41.87%
2021-12-31	$A$21.77 M	-20.54%
2020-12-31	$A$27.4 M	-874.11%
2019-12-31	$-A$3.54 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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4basebio (4BB.L) - Net assets