Lucy Scientific Discovery (LSDI)

Net assets on the balance sheet as of December 2023 : C$0.11 M

According to Lucy Scientific Discovery's latest financial reports the company has C$0.11 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucy Scientific Discovery - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$6.19 M	-200.68%
2022-06-30	$-C$6.16 M	-22%
2021-06-30	$-C$7.89 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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Lucy Scientific Discovery (LSDI) - Net assets