ryde (RYDE) - Net Assets

Net assets on the balance sheet as of December 2023 : -£4.35 Million

According to ryde's latest financial reports the company has -£4.35 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ryde - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-£4.42 Million	43.11%
2022-12-31	$-£3.09 Million	3505.58%
2021-12-31	$-£0.09 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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ryde (RYDE) - Net assets