Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of March 2024 : -A$16.57 Million

According to Renalytix's latest financial reports the company has -A$16.57 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renalytix - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$10.52 M	-76.34%
2022-06-30	$A$44.48 M	-64.86%
2021-06-30	$A$0.12 B	141.87%
2020-06-30	$A$52.33 M	329.74%
2019-06-30	$A$12.17 M	-1895.82%
2018-06-30	$-A$0.68 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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Renalytix (RNLX) - Net assets