Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of March 2024 : -₹0.94 Billion

According to Renalytix's latest financial reports the company has -₹0.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renalytix - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$₹0.57 B	-76.32%
2022-06-30	$₹2.41 B	-65.82%
2021-06-30	$₹7.06 B	159.52%
2020-06-30	$₹2.72 B	361.73%
2019-06-30	$₹0.58 B	-1815.96%
2018-06-30	$-₹34.36 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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Renalytix (RNLX) - Net assets