Palladyne AI (PDYN) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.23 Billion

According to Palladyne AI's latest financial reports the company has HK$0.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Palladyne AI - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.31 B	-71.69%
2022-12-31	$HK$1.12 B	-32.35%
2021-12-31	$HK$1.66 B	554.07%
2020-12-31	$HK$0.25 B

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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Palladyne AI (PDYN) - Net assets