Rubicon Technologies (RBT)

Net assets on the balance sheet as of March 2024 : -A$0.21 B

According to Rubicon Technologies's latest financial reports the company has -A$0.21 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rubicon Technologies - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$0.23 B	169.2%
2021-12-31	$-A$84.32 M	206.65%
2020-12-31	$-A$27.5 M	-152.34%
2019-12-31	$A$52.53 M

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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Rubicon Technologies (RBT) - Net assets