Lucy Scientific Discovery (LSDI)

Net assets on the balance sheet as of December 2023 : A$0.12 Million

According to Lucy Scientific Discovery's latest financial reports the company has A$0.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucy Scientific Discovery - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$7.06 M	-201.78%
2022-06-30	$-A$6.95 Million	-17.91%
2021-06-30	$-A$8.46 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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Lucy Scientific Discovery (LSDI) - Net assets