Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of September 2024 : -$40.24 Million USD

According to Elutia's latest financial reports the company has -$40.24 Million USD 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	$-$38.6 Million	666.94%
2022-12-31	$-$5.04 Million	-137.22%
2021-12-31	$$13.52 M	-35.09%
2020-12-31	$$20.83 M	-137.8%
2019-12-31	$-$55.12 Million	26.97%
2018-12-31	$-$43.41 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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Elutia (ELUT) - Net assets