MyMD Pharmaceuticals (MYMD)

Net assets on the balance sheet as of June 2024 : NZ$0.67 Million

According to MyMD Pharmaceuticals's latest financial reports the company has NZ$0.67 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MyMD Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$23.14 M	-33.14%
2021-12-31	$NZ$34.62 M	-575.17%
2020-12-31	$-NZ$7.29 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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MyMD Pharmaceuticals (MYMD) - Net assets