Lucid Diagnostics (LUCD)

Net assets on the balance sheet as of June 2024 : C$22.3 Million

According to Lucid Diagnostics's latest financial reports the company has C$22.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$C$31.27 M	-55.17%
2021-12-31	$C$69.76 M	-504.73%
2020-12-31	$-C$17.24 Million	148.57%
2019-12-31	$-C$6.94 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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Lucid Diagnostics (LUCD) - Net assets