Augmedix (AUGX) - Net Assets

Net assets on the balance sheet as of June 2024 : $10.47 Million USD

According to Augmedix's latest financial reports the company has $10.47 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$$1.46 M	-93.91%
2021-12-31	$$24.07 M	670.52%
2020-12-31	$$3.12 M	-104.8%
2019-12-31	$-$65.15 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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Augmedix (AUGX) - Net assets