FibroBiologics (FBLG)

Net assets on the balance sheet as of June 2024 : -A$3.67 Million

According to FibroBiologics's latest financial reports the company has -A$3.67 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FibroBiologics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.83 M	-131.32%
2022-12-31	$-A$5.88 Million	230.01%
2021-12-31	$-A$1.78 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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FibroBiologics (FBLG) - Net assets