Sol-Gel Technologies (SLGL)

Net assets on the balance sheet as of June 2024 : NZ$58.49 Million

According to Sol-Gel Technologies's latest financial reports the company has NZ$58.49 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sol-Gel Technologies - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$66.48 M	-18.31%
2021-12-31	$NZ$81.39 M	15.49%
2020-12-31	$NZ$70.47 M	-9.54%
2019-12-31	$NZ$77.9 M	-18.24%
2018-12-31	$NZ$95.27 M	-228.4%
2017-12-31	$-NZ$74.21 Million	64.02%
2016-12-31	$-NZ$45.24 Million	168.82%
2015-12-31	$-NZ$16.83 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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Sol-Gel Technologies (SLGL) - Net assets