Heliogen (HLGN) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹3.4 B

According to Heliogen's latest financial reports the company has -₹3.4 B 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	$₹10.37 B	-34.99%
2021-12-31	$₹15.95 B	-884.18%
2020-12-31	$-₹2.04 B	37.83%
2019-12-31	$-₹1.48 B

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