uCloudlink Group (UCL)

Net assets on the balance sheet as of September 2024 : €21.65 Million

According to uCloudlink Group's latest financial reports the company has €21.65 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	$€8.66 M	-51.18%
2021-12-31	$€17.74 M	-61.31%
2020-12-31	$€45.84 M	163.84%
2019-12-31	$€17.37 M	19.77%
2018-12-31	$€14.5 M	-160.87%
2017-12-31	$-€23.84 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