Telomir Pharmaceuticals (TELO)

Net assets on the balance sheet as of June 2024 : NZ$2.53 M

According to Telomir Pharmaceuticals's latest financial reports the company has NZ$2.53 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$-NZ$1.48 M	631.92%
2021-12-31	$-NZ$0.21 M

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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Telomir Pharmaceuticals (TELO) - Net assets