Trulite (TRUL) - Net Assets

Net assets on the balance sheet as of March 2008 : -£0.8 M

According to Trulite's latest financial reports the company has -£0.8 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Trulite - Net assets on balance sheet (from 2005 to 2008)

Net assets by year

Year	Net assets	Change
2007-12-31	$-£0.12 M	-81.85%
2006-12-31	$-£0.61 M	-459.19%
2005-12-31	$£0.16 M	215.05%
2004-12-31	$£0.05 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QuantumScape QS	£0.90 B	-113,351.00%	🇺🇸 USA

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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Trulite (TRUL) - Net assets

Net assets on the balance sheet as of March 2008 : -£0.8 M