Augmedix (AUGX) - Net Assets

Net assets on the balance sheet as of June 2024 : C$14.2 M

According to Augmedix's latest financial reports the company has C$14.2 M 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	$C$1.98 M	-93.47%
2021-12-31	$C$30.46 M	664.69%
2020-12-31	$C$3.98 M	-104.72%
2019-12-31	$-C$84.45 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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Augmedix (AUGX) - Net assets