uCloudlink Group (UCL)

Net assets on the balance sheet as of June 2024 : C$27.4 Million

According to uCloudlink Group's latest financial reports the company has C$27.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

uCloudlink Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$12.6 M	-50.76%
2021-12-31	$C$25.6 M	-64.39%
2020-12-31	$C$71.9 M	182.82%
2019-12-31	$C$25.42 M	12.44%
2018-12-31	$C$22.61 M	-162.88%
2017-12-31	$-C$35.96 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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uCloudlink Group (UCL) - Net assets