uCloudlink Group (UCL)

Net assets on the balance sheet as of June 2024 : ₹1.65 Billion

According to uCloudlink Group's latest financial reports the company has ₹1.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$₹0.76 B	-48.59%
2021-12-31	$₹1.49 B	-63.74%
2020-12-31	$₹4.12 B	197.1%
2019-12-31	$₹1.38 B	19.61%
2018-12-31	$₹1.16 B	-163.55%
2017-12-31	$-₹1.83 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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uCloudlink Group (UCL) - Net assets