Cartesian Therapeutics (RNAC)

Net assets on the balance sheet as of June 2024 : -C$0.15 Billion

According to Cartesian Therapeutics's latest financial reports the company has -C$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cartesian Therapeutics - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.59 Billion	-558.56%
2022-12-31	$C$0.12 B	343.6%
2021-12-31	$C$28.7 M	-225.01%
2020-12-31	$-C$22.96 Million	-309.35%
2019-12-31	$C$10.96 M	-248.6%
2018-12-31	$-C$7.39 Million	-111.33%
2017-12-31	$C$65.14 M	-11.79%
2016-12-31	$C$73.85 M	-145.7%
2015-12-31	$-C$0.17 Billion	58.68%
2014-12-31	$-C$0.11 Billion

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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Cartesian Therapeutics (RNAC) - Net assets