Ocean Biomedical (OCEA)

Net assets on the balance sheet as of September 2023 : -A$0.12 B

According to Ocean Biomedical's latest financial reports the company has -A$0.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ocean Biomedical - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.15 B	5.88%
2021-12-31	$A$0.14 B	-6017.58%
2020-12-31	$-A$2.45 M	641.22%
2019-12-31	$-A$0.34 M

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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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Ocean Biomedical (OCEA) - Net assets