uCloudlink Group (UCL)

Net assets on the balance sheet as of June 2024 : A$29.44 M

According to uCloudlink Group's latest financial reports the company has A$29.44 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

uCloudlink Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$13.65 M	-50.59%
2021-12-31	$A$27.63 M	-62.24%
2020-12-31	$A$73.18 M	164.27%
2019-12-31	$A$27.69 M	17.57%
2018-12-31	$A$23.55 M	-164.29%
2017-12-31	$-A$36.64 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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uCloudlink Group (UCL) - Net assets