Metagenomi (MGX) - Net Assets

Net assets on the balance sheet as of December 2024 : NZ$0.40 Billion

According to Metagenomi's latest financial reports the company has NZ$0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Metagenomi - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$0.41 B	-294.24%
2023-12-31	$-NZ$0.22 Billion	82.89%
2022-12-31	$-NZ$0.12 Billion	146.04%
2021-12-31	$-NZ$47.65 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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Metagenomi (MGX) - Net assets