Cingulate (CING) - Net Assets

Net assets on the balance sheet as of June 2024 : A$4.62 M

According to Cingulate's latest financial reports the company has A$4.62 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cingulate - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$5.7 M	-80.1%
2021-12-31	$A$28.66 M	1609.12%
2020-12-31	$A$1.67 M	91.44%
2019-12-31	$A$0.87 M

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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Cingulate (CING) - Net assets