Hillstream BioPharma (HILS) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$2.93 Million

According to Hillstream BioPharma's latest financial reports the company has NZ$2.93 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hillstream BioPharma - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$8.73 M	-227.3%
2021-12-31	$-NZ$6.86 Million	33.12%
2020-12-31	$-NZ$5.16 Million	113.9%
2019-12-31	$-NZ$2.41 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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