Heliogen (HLGN) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$62.34 Million

According to Heliogen's latest financial reports the company has -A$62.34 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Heliogen - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.18 B	-37.63%
2021-12-31	$A$0.29 B	-914.85%
2020-12-31	$-A$36.24 Million	22.35%
2019-12-31	$-A$29.62 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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Heliogen (HLGN) - Net assets