Ocean Biomedical (OCEA)

Net assets on the balance sheet as of December 2023 : -₹7.71 Billion

According to Ocean Biomedical's latest financial reports the company has -₹7.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ocean Biomedical - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹8.63 B	10.16%
2021-12-31	$₹7.83 B	-5782.91%
2020-12-31	$-₹0.14 Billion	733.27%
2019-12-31	$-₹16.55 Million

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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Ocean Biomedical (OCEA) - Net assets