Membership Collective (MCG) - Net assets

Net assets on the balance sheet as of December 2022 : -S$20.83 Million

According to Membership Collective's latest financial reports the company has -S$20.83 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Membership Collective - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$20.62 Million	-108.37%
2021-12-31	$S$0.24 B	-149.78%
2020-12-31	$-S$0.5 Billion	101.68%
2019-12-31	$-S$0.25 Billion	67.03%
2018-12-31	$-S$0.15 Billion

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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