Societal CDMO (SCTL)

Net assets on the balance sheet as of December 2023 : $58.66 Million USD

According to Societal CDMO's latest financial reports the company has $58.66 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Societal CDMO - Net assets on balance sheet (from 2012 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$59.85 M	42.3%
2021-12-31	$$42.06 M	-398.33%
2020-12-31	$-$14.1 Million	110.07%
2019-12-31	$-$6.72 Million	-65.58%
2018-12-31	$-$19.5 Million	-167.6%
2017-12-31	$$28.84 M	-59.72%
2016-12-31	$$71.61 M	77.48%
2015-12-31	$$40.35 M	113.18%
2014-12-31	$$18.92 M	-205.39%
2013-12-31	$-$17.96 Million	15.41%
2012-12-31	$-$15.57 Million	14.33%
2011-12-31	$-$13.62 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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Societal CDMO (SCTL) - Net assets