Ocean Biomedical (OCEA)

Net assets on the balance sheet as of September 2023 : -£58.23 Million

According to Ocean Biomedical's latest financial reports the company has -£58.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ocean Biomedical - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£86.21 M	10.56%
2021-12-31	$£77.97 M	-5738.59%
2020-12-31	$-£1.39 Million	681.65%
2019-12-31	$-£0.18 Million

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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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Ocean Biomedical (OCEA) - Net assets