Alpha Tau Medical (DRTS)

Net assets on the balance sheet as of June 2024 : HK$0.57 Billion

According to Alpha Tau Medical's latest financial reports the company has HK$0.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Alpha Tau Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.65 B	-20.08%
2022-12-31	$HK$0.82 B	-404.42%
2021-12-31	$-HK$0.28 Billion	315%
2020-12-31	$-HK$65.35 Million	4247.21%
2019-12-31	$-HK$1.51 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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Alpha Tau Medical (DRTS) - Net assets