HeartBeam (BEAT) - Net Assets

Net assets on the balance sheet as of June 2024 : S$11.33 M

According to HeartBeam's latest financial reports the company has S$11.33 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$3.18 M	-82.4%
2021-12-31	$S$18.08 M	-385.88%
2020-12-31	$-S$6.33 M	26.22%
2019-12-31	$-S$5.02 M

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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HeartBeam (BEAT) - Net assets