Aardvark Therapeutics (AARD)

Net assets on the balance sheet as of September 2024 : -A$72.11 Million

According to Aardvark Therapeutics's latest financial reports the company has -A$72.11 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aardvark Therapeutics - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$51.09 Million	24.49%
2022-12-31	$-A$41.04 Million

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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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Aardvark Therapeutics (AARD) - Net assets