Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$0.51 Billion

According to Elutia's latest financial reports the company has -HK$0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$0.31 Billion	666.62%
2022-12-31	$-HK$39.33 Million	-137.3%
2021-12-31	$HK$0.10 B	-34.71%
2020-12-31	$HK$0.16 B	-137.62%
2019-12-31	$-HK$0.43 Billion	26.27%
2018-12-31	$-HK$0.34 Billion

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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Elutia (ELUT) - Net assets