Heliogen (HLGN) - Net Assets

Net assets on the balance sheet as of September 2024 : -$51.6 Million USD

According to Heliogen's latest financial reports the company has -$51.6 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Heliogen - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.12 B	-41.45%
2021-12-31	$$0.21 B	-868.28%
2020-12-31	$-$27.87 Million	34.37%
2019-12-31	$-$20.74 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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Heliogen (HLGN) - Net assets