Sonendo (SONX) - Net Assets

Net assets on the balance sheet as of June 2024 : A$26.8 M

According to Sonendo's latest financial reports the company has A$26.8 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$41.71 M	-65.36%
2022-12-31	$A$0.12 B	21.52%
2021-12-31	$A$99.1 M	-130.08%
2020-12-31	$-A$0.33 B	10.87%
2019-12-31	$-A$0.3 B

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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Sonendo (SONX) - Net assets