Scilex Holding (SCLX)

Net assets on the balance sheet as of June 2024 : -A$0.34 Billion

According to Scilex Holding's latest financial reports the company has -A$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scilex Holding - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.26 Billion	-576.66%
2022-12-31	$A$53.25 M	-117.25%
2021-12-31	$-A$0.31 Billion	67.59%
2020-12-31	$-A$0.19 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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Scilex Holding (SCLX) - Net assets