Cadrenal Therapeutics (CVKD)

Net assets on the balance sheet as of June 2024 : NZ$6.45 M

According to Cadrenal Therapeutics's latest financial reports the company has NZ$6.45 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cadrenal Therapeutics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$12.16 M	-239.12%
2022-12-31	$-NZ$8.75 M

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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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Cadrenal Therapeutics (CVKD) - Net assets