Nauticus Robotics (KITT)

Net assets on the balance sheet as of September 2024 : -₹3.13 Billion

According to Nauticus Robotics's latest financial reports the company has -₹3.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nauticus Robotics - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹2.3 M	-100.47%
2021-12-31	$-₹0.5 Billion	370.96%
2020-12-31	$-₹0.11 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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Nauticus Robotics (KITT) - Net assets