Telesis Bio (TBIO) - Net Assets

Net assets on the balance sheet as of June 2024 : C$14 Million

According to Telesis Bio's latest financial reports the company has C$14 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Telesis Bio - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$63.18 M	-45.39%
2021-12-31	$C$0.11 B	-456.41%
2020-12-31	$-C$32.47 Million	231.27%
2019-12-31	$-C$9.8 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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Telesis Bio (TBIO) - Net assets