Borealis Foods (BRLS)

Net assets on the balance sheet as of September 2024 : HK$39.4 Million

According to Borealis Foods's latest financial reports the company has HK$39.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Borealis Foods - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.11 B	-91.78%
2022-12-31	$HK$1.38 B	531.33%
2021-12-31	$HK$0.21 B

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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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Borealis Foods (BRLS) - Net assets