uCloudlink Group (UCL)

Net assets on the balance sheet as of June 2024 : £15.55 Million

According to uCloudlink Group's latest financial reports the company has £15.55 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

uCloudlink Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£7.67 M	-48.41%
2021-12-31	$£14.88 M	-64.02%
2020-12-31	$£41.37 M	178.69%
2019-12-31	$£14.84 M	13.53%
2018-12-31	$£13.07 M	-161.79%
2017-12-31	$-£21.17 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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uCloudlink Group (UCL) - Net assets