Scilex Holding (SCLX)

Net assets on the balance sheet as of June 2024 : -C$0.32 Billion

According to Scilex Holding's latest financial reports the company has -C$0.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scilex Holding - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.23 Billion	-566.45%
2022-12-31	$C$49.17 M	-117.24%
2021-12-31	$-C$0.29 Billion	57.93%
2020-12-31	$-C$0.19 Billion

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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Scilex Holding (SCLX) - Net assets