Membership Collective (MCG) - Net assets

Net assets on the balance sheet as of December 2022 : -NZ$26.43 Million

According to Membership Collective's latest financial reports the company has -NZ$26.43 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Membership Collective - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$-NZ$24.22 Million	-109.08%
2021-12-31	$NZ$0.26 B	-151.46%
2020-12-31	$-NZ$0.52 Billion	91.84%
2019-12-31	$-NZ$0.28 Billion	68.57%
2018-12-31	$-NZ$0.17 Billion

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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