Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$97.59 Million

According to Elutia's latest financial reports the company has -A$97.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elutia - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$56.66 Million	666.04%
2022-12-31	$-A$7.4 Million	-139.66%
2021-12-31	$A$18.65 M	-31.16%
2020-12-31	$A$27.09 M	-134.42%
2019-12-31	$-A$78.72 Million	27.75%
2018-12-31	$-A$61.62 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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Elutia (ELUT) - Net assets