Lipella Pharmaceuticals (LIPO)

Net assets on the balance sheet as of June 2024 : C$2.4 Million

According to Lipella Pharmaceuticals's latest financial reports the company has C$2.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lipella Pharmaceuticals - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$4.17 M	-34.26%
2022-12-31	$C$6.34 M	249.71%
2021-12-31	$C$1.81 M	207.1%
2020-12-31	$C$0.59 M

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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Lipella Pharmaceuticals (LIPO) - Net assets