Greenwich LifeSciences (GLSI)

Net assets on the balance sheet as of September 2024 : A$7.96 Million

According to Greenwich LifeSciences's latest financial reports the company has A$7.96 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$19.41 M	-47.53%
2021-12-31	$A$37.01 M	2.99%
2020-12-31	$A$35.93 M	-1963.07%
2019-12-31	$-A$1.93 Million	-86.57%
2018-12-31	$-A$14.37 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	A$0.57 B	7,140.73%	Jersey
Novavax NVAX	-A$0.85 Billion	-10,665.36%	🇺🇸 USA
Organovo ONVO	A$5.88 M	-26.14%	🇺🇸 USA
Orchard Therapeutics ORTX	A$0.12 B	1,510.75%	🇬🇧 UK

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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Greenwich LifeSciences (GLSI) - Net assets

Net assets on the balance sheet as of September 2024 : A$7.96 Million