Terran Orbital (LLAP)

Net assets on the balance sheet as of June 2024 : -$0.24 Billion USD

According to Terran Orbital's latest financial reports the company has -$0.24 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$-$91.43 Million	-7.99%
2021-12-31	$-$99.36 Million	266.75%
2020-12-31	$-$27.1 Million	-16.02%
2019-12-31	$-$32.26 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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Terran Orbital (LLAP) - Net assets