Thorne HealthTech (THRN) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$0.25 Billion

According to Thorne HealthTech's latest financial reports the company has NZ$0.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thorne HealthTech - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.23 B	33.33%
2021-12-31	$NZ$0.17 B	-243.95%
2020-12-31	$-NZ$0.13 Billion	-24.19%
2019-12-31	$-NZ$0.16 Billion

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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