Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of June 2024 : -$7.86 Million USD

According to Renalytix's latest financial reports the company has -$7.86 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renalytix - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$6.96 M	-77.24%
2022-06-30	$$30.6 M	-67.82%
2021-06-30	$$95.1 M	164.45%
2020-06-30	$$35.96 M	320.56%
2019-06-30	$$8.55 M	-1803.39%
2018-06-30	$-$0.51 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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Renalytix (RNLX) - Net assets