Telesis Bio (TBIO) - Net Assets

Net assets on the balance sheet as of June 2024 : £8 Million

According to Telesis Bio's latest financial reports the company has £8 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	$£38.48 M	-42.77%
2021-12-31	$£67.25 M	-460.08%
2020-12-31	$-£18.68 Million	226.43%
2019-12-31	$-£5.73 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