Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$11.01 Million

According to Renalytix's latest financial reports the company has -C$11.01 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renalytix - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$9.23 M	-76.59%
2022-06-30	$C$39.43 M	-66.55%
2021-06-30	$C$0.11 B	140.04%
2020-06-30	$C$49.11 M	337.58%
2019-06-30	$C$11.22 M	-1800.28%
2018-06-30	$-C$0.67 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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Renalytix (RNLX) - Net assets