Lipella Pharmaceuticals (LIPO)

Net assets on the balance sheet as of September 2024 : S$1.99 Million

According to Lipella Pharmaceuticals's latest financial reports the company has S$1.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lipella Pharmaceuticals - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$4.15 M	-33.75%
2022-12-31	$S$6.26 M	225.7%
2021-12-31	$S$1.92 M	213.98%
2020-12-31	$S$0.61 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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Lipella Pharmaceuticals (LIPO) - Net assets