ESS Tech (GWH) - Net Assets

Net assets on the balance sheet as of September 2024 : C$70.47 Million

According to ESS Tech's latest financial reports the company has C$70.47 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ESS Tech - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.13 B	-26.24%
2022-12-31	$C$0.18 B	-28.91%
2021-12-31	$C$0.26 B	-835.29%
2020-12-31	$-C$35.56 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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ESS Tech (GWH) - Net assets