Trulite (TRUL) - Net Assets

Net assets on the balance sheet as of March 2008 : -A$1.61 Million

According to Trulite's latest financial reports the company has -A$1.61 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Trulite - Net assets on balance sheet (from 2005 to 2008)

Net assets by year

Year	Net assets	Change
2007-12-31	$-A$0.26 Million	-83.32%
2006-12-31	$-A$1.52 Million	-478.69%
2005-12-31	$A$0.39 M	199.56%
2004-12-31	$A$0.13 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QuantumScape QS	A$1.70 B	-106,505.63%	🇺🇸 USA

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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Trulite (TRUL) - Net assets

Net assets on the balance sheet as of March 2008 : -A$1.61 Million