Sagimet Biosciences (SGMT)

Net assets on the balance sheet as of June 2024 : £0.14 Billion

According to Sagimet Biosciences's latest financial reports the company has £0.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sagimet Biosciences - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-£0.16 Billion	31.8%
2021-12-31	$-£0.12 Billion	17.59%
2020-12-31	$-£99.71 Million	4.34%
2019-12-31	$-£95.57 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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Sagimet Biosciences (SGMT) - Net assets