Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$89.95 Million

According to Elutia's latest financial reports the company has -C$89.95 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$51.2 Million	649.64%
2022-12-31	$-C$6.83 Million	-139.63%
2021-12-31	$C$17.23 M	-35.12%
2020-12-31	$C$26.56 M	-136.9%
2019-12-31	$-C$71.98 Million	21.73%
2018-12-31	$-C$59.13 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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Elutia (ELUT) - Net assets