SeaStar Medical (ICU)

Net assets on the balance sheet as of September 2024 : -A$3.25 Million

According to SeaStar Medical 's latest financial reports the company has -A$3.25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SeaStar Medical - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$20.36 Million	-33.27%
2022-12-31	$-A$30.51 Million	685.47%
2021-12-31	$-A$3.89 Million	-95.83%
2020-12-31	$-A$93.1 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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SeaStar Medical (ICU) - Net assets