Cartesian Therapeutics (RNAC)

Net assets on the balance sheet as of June 2024 : -A$0.16 Billion

According to Cartesian Therapeutics's latest financial reports the company has -A$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cartesian Therapeutics - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.65 Billion	-568.59%
2022-12-31	$A$0.13 B	343.85%
2021-12-31	$A$31.06 M	-232.66%
2020-12-31	$-A$23.42 Million	-295.25%
2019-12-31	$A$11.99 M	-255.94%
2018-12-31	$-A$7.7 Million	-111.59%
2017-12-31	$A$66.36 M	-12.95%
2016-12-31	$A$76.24 M	-147.68%
2015-12-31	$-A$0.16 Billion	49.13%
2014-12-31	$-A$0.11 Billion

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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Cartesian Therapeutics (RNAC) - Net assets