Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of March 2024 : -NZ$18.33 Million

According to Renalytix's latest financial reports the company has -NZ$18.33 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renalytix - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$11.48 M	-76.64%
2022-06-30	$NZ$49.16 M	-63.86%
2021-06-30	$NZ$0.13 B	143.17%
2020-06-30	$NZ$55.95 M	339.84%
2019-06-30	$NZ$12.72 M	-1816.08%
2018-06-30	$-NZ$0.75 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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Renalytix (RNLX) - Net assets