Oblong (OBLG) - Net Assets

Net assets on the balance sheet as of June 2024 : £3.98 Million

According to Oblong's latest financial reports the company has £3.98 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Oblong - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£2.98 M	-84.17%
2021-12-31	$£18.88 M	16.73%
2020-12-31	$£16.18 M	-2.6%
2019-12-31	$£16.61 M	208.76%
2018-12-31	$£5.38 M	-40.69%
2017-12-31	$£9.07 M	185.01%
2016-12-31	$£3.18 M	-26.09%
2015-12-31	$£4.3 M	-15.83%
2014-12-31	$£5.11 M	-12.7%
2013-12-31	$£5.86 M	-27.14%
2012-12-31	$£8.04 M	153.12%
2011-12-31	$£3.17 M	81.38%
2010-12-31	$£1.75 M	145.93%
2009-12-31	$£0.71 M	-132.5%
2008-12-31	$-£2.2 Million	-74.64%
2007-12-31	$-£8.65 Million	46.07%
2006-12-31	$-£5.92 Million	324.3%
2005-12-31	$-£1.4 Million	-186.37%
2004-12-31	$£1.61 M	-84.65%
2003-12-31	$£10.51 M	-53.91%
2002-12-31	$£22.81 M	-51.99%
2001-12-31	$£47.52 M

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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Oblong (OBLG) - Net assets