Owlet (OWLT) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$51.79 Million

According to Owlet's latest financial reports the company has -A$51.79 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Owlet - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$43.56 Million	178.71%
2022-12-31	$-A$15.63 Million	-120.53%
2021-12-31	$A$76.12 M	-381.14%
2020-12-31	$-A$27.08 Million

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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Owlet (OWLT) - Net assets