Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of June 2024 : -€7.44 Million

According to Renalytix's latest financial reports the company has -€7.44 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	$€6.41 M	-78.12%
2022-06-30	$€29.29 M	-63.33%
2021-06-30	$€79.9 M	149.9%
2020-06-30	$€31.97 M	325.88%
2019-06-30	$€7.5 M	-1850.35%
2018-06-30	$-€0.43 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