AeroClean Technologies (AERC) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$40.3 Million

According to AeroClean Technologies's latest financial reports the company has NZ$40.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AeroClean Technologies - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$NZ$31.78 M	807.25%
2020-12-31	$NZ$3.5 M	-1123.06%
2019-12-31	$-NZ$0.35 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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