Lucas GC (LGCL) - Net Assets

Net assets on the balance sheet as of December 2023 : C$39.54 Million

According to Lucas GC's latest financial reports the company has C$39.54 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucas GC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$36.88 M	59.17%
2022-12-31	$C$23.17 M	-476.59%
2021-12-31	$-C$6.16 Million	-55.41%
2020-12-31	$-C$13.81 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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Lucas GC (LGCL) - Net assets