Annovis Bio (ANVS) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$2.69 Million

According to Annovis Bio's latest financial reports the company has -A$2.69 Million 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	$-A$11.38 Million	-127.33%
2022-12-31	$A$41.62 M	-32.18%
2021-12-31	$A$61.37 M	525.81%
2020-12-31	$A$9.8 M	-180.06%
2019-12-31	$-A$12.25 Million	13.64%
2018-12-31	$-A$10.78 Million	20.82%
2017-12-31	$-A$8.93 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