Minerva Surgical (UTRS)

Net assets on the balance sheet as of September 2023 : A$31.33 Million

According to Minerva Surgical's latest financial reports the company has A$31.33 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Minerva Surgical - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$25.24 M	-58.5%
2021-12-31	$A$60.83 M	-121.09%
2020-12-31	$-A$0.29 Billion	-1.25%
2019-12-31	$-A$0.3 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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Minerva Surgical (UTRS) - Net assets