Latch (LTCH) - Net Assets

Net assets on the balance sheet as of March 2022 : A$0.50 B

According to Latch's latest financial reports the company has A$0.50 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Latch - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$A$0.52 B	-359.56%
2020-12-31	$-A$0.21 B

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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Latch (LTCH) - Net assets