Sol-Gel Technologies (SLGL)

Net assets on the balance sheet as of September 2024 : A$55.5 Million

According to Sol-Gel Technologies's latest financial reports the company has A$55.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sol-Gel Technologies - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$62.03 M	-19.11%
2021-12-31	$A$76.68 M	15.96%
2020-12-31	$A$66.12 M	-11.75%
2019-12-31	$A$74.93 M	-17.4%
2018-12-31	$A$90.71 M	-234.39%
2017-12-31	$-A$67.51 Million	55.27%
2016-12-31	$-A$43.48 Million	174.96%
2015-12-31	$-A$15.82 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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Sol-Gel Technologies (SLGL) - Net assets