Fractyl Health (GUTS)

Net assets on the balance sheet as of June 2024 : HK$0.55 Billion

According to Fractyl Health's latest financial reports the company has HK$0.55 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fractyl Health - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$1.98 Billion	20.78%
2021-12-31	$-HK$1.64 Billion	21.9%
2020-12-31	$-HK$1.34 Billion	19.4%
2019-12-31	$-HK$1.13 Billion

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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Fractyl Health (GUTS) - Net assets