Borealis Foods (BRLS)

Net assets on the balance sheet as of June 2024 : A$15.23 Million

According to Borealis Foods's latest financial reports the company has A$15.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Borealis Foods - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$21.36 M	-91.78%
2022-12-31	$A$0.26 B	571.24%
2021-12-31	$A$38.73 M

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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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Borealis Foods (BRLS) - Net assets