Grove Collaborative (GROV)

Net assets on the balance sheet as of June 2024 : A$16.5 Million

According to Grove Collaborative's latest financial reports the company has A$16.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grove Collaborative - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$38.99 M	-10.66%
2021-12-31	$A$43.64 M	-77.37%
2020-12-31	$A$0.19 B

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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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Grove Collaborative (GROV) - Net assets