Longeveron (LGVN) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$25.5 Million

According to Longeveron's latest financial reports the company has NZ$25.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Longeveron - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$10.65 M	-66.99%
2022-12-31	$NZ$32.29 M	-41.11%
2021-12-31	$NZ$54.83 M	1921.66%
2020-12-31	$NZ$2.71 M	-58.91%
2019-12-31	$NZ$6.6 M	-35.03%
2018-12-31	$NZ$10.15 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.51 B	1,928.03%	🇺🇸 USA

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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Longeveron (LGVN) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$25.5 Million