Neuronetics (STIM) - Net Assets

Net assets on the balance sheet as of June 2024 : A$29.07 M

According to Neuronetics's latest financial reports the company has A$29.07 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Neuronetics - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$50.18 M	-40.15%
2022-12-31	$A$83.84 M	-28.42%
2021-12-31	$A$0.11 B	254.08%
2020-12-31	$A$33.08 M	-51.4%
2019-12-31	$A$68.07 M	-32.47%
2018-12-31	$A$0.10 B	-140.85%
2017-12-31	$-A$0.25 B	0.42%
2016-12-31	$-A$0.25 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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Neuronetics (STIM) - Net assets