Lucas GC (LGCL) - Net Assets

Net assets on the balance sheet as of December 2023 : A$44 Million

According to Lucas GC's latest financial reports the company has A$44 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucas GC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$25.09 M	-476.8%
2021-12-31	$-A$6.67 Million	-52.68%
2020-12-31	$-A$14.08 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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Lucas GC (LGCL) - Net assets