Longeveron (LGVN) - Net Assets

Net assets on the balance sheet as of September 2024 : A$41.1 Million

According to Longeveron's latest financial reports the company has A$41.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$9.89 M	-67.16%
2022-12-31	$A$30.12 M	-41.68%
2021-12-31	$A$51.66 M	1929.81%
2020-12-31	$A$2.54 M	-59.91%
2019-12-31	$A$6.34 M	-34.36%
2018-12-31	$A$9.67 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.43 B	969.16%	🇺🇸 USA

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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Longeveron (LGVN) - Net assets

Net assets on the balance sheet as of September 2024 : A$41.1 Million