ESS Tech (GWH) - Net Assets

Net assets on the balance sheet as of June 2024 : £54.5 Million

According to ESS Tech's latest financial reports the company has £54.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ESS Tech - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£81.12 M	-28.35%
2022-12-31	$£0.11 B	-25.51%
2021-12-31	$£0.15 B	-842.86%
2020-12-31	$-£20.46 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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ESS Tech (GWH) - Net assets