PhenomeX (CELL) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$0.18 Billion

According to PhenomeX's latest financial reports the company has NZ$0.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PhenomeX - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.22 B	-26.6%
2021-12-31	$NZ$0.30 B	-10.14%
2020-12-31	$NZ$0.33 B	172.7%
2019-12-31	$NZ$0.12 B	-14.53%
2018-12-31	$NZ$0.14 B

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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