Rani Therapeutics (RANI)

Net assets on the balance sheet as of June 2024 : $5.55 Million USD

According to Rani Therapeutics's latest financial reports the company has $5.55 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$$74 M	-39.12%
2021-12-31	$$0.12 B	-207.26%
2020-12-31	$-$0.12 Billion	17.28%
2019-12-31	$-$96.64 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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Rani Therapeutics (RANI) - Net assets