Hillstream BioPharma (HILS) - Net assets

Net assets on the balance sheet as of September 2023 : S$2.23 Million

According to Hillstream BioPharma's latest financial reports the company has S$2.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hillstream BioPharma - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$7.43 M	-217.34%
2021-12-31	$-S$6.34 Million	28.78%
2020-12-31	$-S$4.92 Million	124.88%
2019-12-31	$-S$2.19 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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