Nauticus Robotics (KITT)

Net assets on the balance sheet as of September 2024 : -A$58.77 Million

According to Nauticus Robotics's latest financial reports the company has -A$58.77 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nauticus Robotics - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.04 M	-100.45%
2021-12-31	$-A$9.12 Million	390.81%
2020-12-31	$-A$1.86 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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Nauticus Robotics (KITT) - Net assets