Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -S$86.64 Million

According to Elutia's latest financial reports the company has -S$86.64 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elutia - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-S$50.98 Million	655.55%
2022-12-31	$-S$6.75 Million	-136.91%
2021-12-31	$S$18.27 M	-33.67%
2020-12-31	$S$27.55 M	-137.09%
2019-12-31	$-S$74.3 Million	25.3%
2018-12-31	$-S$59.3 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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Elutia (ELUT) - Net assets