Eargo (EAR) - Net Assets

Net assets on the balance sheet as of September 2023 : NZ$79.25 Million

According to Eargo's latest financial reports the company has NZ$79.25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eargo - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.15 B	56.88%
2021-12-31	$NZ$0.10 B	-62.32%
2020-12-31	$NZ$0.26 B	-215.95%
2019-12-31	$-NZ$0.24 Billion	37.59%
2018-12-31	$-NZ$0.17 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	NZ$45.28 M	-42.86%	🇺🇸 USA
Philips PHG	NZ$22.67 B	28,504.89%	🇳🇱 Netherlands

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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Eargo (EAR) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$79.25 Million