Eledon Pharmaceuticals (ELDN)

Net assets on the balance sheet as of June 2024 : -A$12.76 M

According to Eledon Pharmaceuticals's latest financial reports the company has -A$12.76 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eledon Pharmaceuticals - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.12 B	-1.02%
2022-12-31	$A$0.12 B	-45.15%
2021-12-31	$A$0.22 B	-8.81%
2020-12-31	$A$0.24 B	1737.02%
2019-12-31	$A$13.46 M	-34.52%
2018-12-31	$A$20.56 M	-17.47%
2017-12-31	$A$24.91 M	-764.7%
2016-12-31	$-A$3.75 M	-104.42%
2015-12-31	$A$84.73 M	-32.86%
2014-12-31	$A$0.12 B	-303.7%
2013-12-31	$-A$61.97 M	61.01%
2012-12-31	$-A$38.49 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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Eledon Pharmaceuticals (ELDN) - Net assets