Lipella Pharmaceuticals (LIPO)

Net assets on the balance sheet as of March 2024 : HK$19.96 M

According to Lipella Pharmaceuticals's latest financial reports the company has HK$19.96 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lipella Pharmaceuticals - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$24.55 M	-32.78%
2022-12-31	$HK$36.53 M	229.12%
2021-12-31	$HK$11.09 M	208.99%
2020-12-31	$HK$3.59 M

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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Lipella Pharmaceuticals (LIPO) - Net assets