TMC the metals company (TMC)

Net assets on the balance sheet as of June 2024 : -HK$74.8 Million

According to TMC the metals company's latest financial reports the company has -HK$74.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TMC the metals company - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.32 B	-55.16%
2021-12-31	$HK$0.72 B	157.33%
2020-12-31	$HK$0.28 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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TMC the metals company (TMC) - Net assets