uCloudlink Group (UCL)

Net assets on the balance sheet as of September 2024 : $22.44 Million USD

According to uCloudlink Group's latest financial reports the company has $22.44 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

uCloudlink Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$9.29 M	-53.76%
2021-12-31	$$20.09 M	-64.37%
2020-12-31	$$56.39 M	189.69%
2019-12-31	$$19.46 M	17.28%
2018-12-31	$$16.59 M	-158.03%
2017-12-31	$-$28.61 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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uCloudlink Group (UCL) - Net assets