Sonder Holdings (SOND)

Net assets on the balance sheet as of September 2023 : -A$0.29 Billion

According to Sonder Holdings's latest financial reports the company has -A$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sonder Holdings - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$29.32 Million	-97.22%
2021-12-31	$-A$1.06 Billion	61.87%
2020-12-31	$-A$0.66 Billion	76.31%
2019-12-31	$-A$0.37 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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Sonder Holdings (SOND) - Net assets