Heart Test Laboratories (HSCS)

Net assets on the balance sheet as of April 2024 : A$10.97 M

According to Heart Test Laboratories's latest financial reports the company has A$10.97 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Heart Test Laboratories - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$A$0.34 M	-104.07%
2022-04-30	$-A$8.57 M	246.1%
2021-04-30	$-A$2.48 M	-611.16%
2020-04-30	$A$0.48 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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Heart Test Laboratories (HSCS) - Net assets