Lucas GC (LGCL) - Net Assets

Net assets on the balance sheet as of December 2023 : $27.81 Million USD

According to Lucas GC's latest financial reports the company has $27.81 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucas GC - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$27.81 M	62.84%
2022-12-31	$$17.07 M	-453.69%
2021-12-31	$-$4.83 Million	-55.39%
2020-12-31	$-$10.83 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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Lucas GC (LGCL) - Net assets