Elutia (ELUT) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$0.12 Billion

According to Elutia's latest financial reports the company has -NZ$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elutia - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$61.04 Million	669.97%
2022-12-31	$-NZ$7.93 Million	-140.05%
2021-12-31	$NZ$19.79 M	-31.43%
2020-12-31	$NZ$28.87 M	-135.28%
2019-12-31	$-NZ$81.84 Million	26.46%
2018-12-31	$-NZ$64.72 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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Elutia (ELUT) - Net assets