Mobile-health Network Solutions (MNDR)

Net assets on the balance sheet as of June 2023 : -C$0.5 M

According to Mobile-health Network Solutions's latest financial reports the company has -C$0.5 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mobile-health Network Solutions - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$-C$0.49 M	-104.48%
2022-06-30	$C$10.85 M	-245.28%
2021-06-30	$-C$7.48 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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Mobile-health Network Solutions (MNDR) - Net assets