Marpai (MRAI) - Net Assets

Net assets on the balance sheet as of March 2024 : -S$18.89 M

According to Marpai's latest financial reports the company has -S$18.89 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$8.22 M	-79.47%
2021-12-31	$S$40.06 M	-966.73%
2020-12-31	$-S$4.63 M	293.7%
2019-12-31	$-S$1.18 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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Marpai (MRAI) - Net assets