Hoth Therapeutics (HOTH)

Net assets on the balance sheet as of June 2024 : A$14.44 Million

According to Hoth Therapeutics's latest financial reports the company has A$14.44 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hoth Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$7.52 M	-44.79%
2021-12-31	$A$13.63 M	125.62%
2020-12-31	$A$6.04 M	76.54%
2019-12-31	$A$3.42 M	1455.73%
2018-12-31	$A$0.21 M	-85.5%
2017-12-31	$A$1.51 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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Hoth Therapeutics (HOTH) - Net assets