Hoth Therapeutics (HOTH)

Net assets on the balance sheet as of June 2024 : NZ$15.09 M

According to Hoth Therapeutics's latest financial reports the company has NZ$15.09 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hoth Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$8.06 M	-44.1%
2021-12-31	$NZ$14.43 M	123.4%
2020-12-31	$NZ$6.45 M	81.86%
2019-12-31	$NZ$3.55 M	1438.17%
2018-12-31	$NZ$0.23 M	-86.15%
2017-12-31	$NZ$1.66 M

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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Hoth Therapeutics (HOTH) - Net assets