Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -£51.22 Million

According to Elutia's latest financial reports the company has -£51.22 Million 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	$-£30.3 Million	628.29%
2022-12-31	$-£4.17 Million	-141.53%
2021-12-31	$£10.01 M	-34.46%
2020-12-31	$£15.28 M	-136.36%
2019-12-31	$-£42.03 Million	22.9%
2018-12-31	$-£34.2 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