Eargo (EAR) - Net Assets

Net assets on the balance sheet as of September 2023 : HK$0.35 Billion

According to Eargo's latest financial reports the company has HK$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eargo - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.78 B	46.11%
2021-12-31	$HK$0.53 B	-64.12%
2020-12-31	$HK$1.50 B	-223.65%
2019-12-31	$-HK$1.22 Billion	37.39%
2018-12-31	$-HK$0.89 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	HK$0.20 B	-42.86%	🇺🇸 USA
Philips PHG	HK$97.15 B	27,421.11%	🇳🇱 Netherlands

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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Eargo (EAR) - Net assets

Net assets on the balance sheet as of September 2023 : HK$0.35 Billion