Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$87.27 M

According to Elutia's latest financial reports the company has -C$87.27 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$51.2 M	649.64%
2022-12-31	$-C$6.83 M	-139.91%
2021-12-31	$C$17.11 M	-35.58%
2020-12-31	$C$26.56 M	-137.18%
2019-12-31	$-C$71.45 M	20.66%
2018-12-31	$-C$59.22 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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Elutia (ELUT) - Net assets