FibroBiologics (FBLG)

Net assets on the balance sheet as of June 2024 : -S$3.22 Million

According to FibroBiologics's latest financial reports the company has -S$3.22 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FibroBiologics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$1.65 M	-130.89%
2022-12-31	$-S$5.36 Million	207.18%
2021-12-31	$-S$1.75 Million

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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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FibroBiologics (FBLG) - Net assets