Owlet (OWLT) - Net Assets

Net assets on the balance sheet as of September 2024 : -$17.15 Million USD

According to Owlet's latest financial reports the company has -$17.15 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Owlet - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-$29.68 Million	179.04%
2022-12-31	$-$10.64 Million	-119.27%
2021-12-31	$$55.19 M	-365.07%
2020-12-31	$-$20.83 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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Owlet (OWLT) - Net assets