Grove Collaborative (GROV)

Net assets on the balance sheet as of September 2024 : NZ$46.23 Million

According to Grove Collaborative's latest financial reports the company has NZ$46.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grove Collaborative - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$28.65 M	-31.43%
2022-12-31	$NZ$41.79 M	-9.78%
2021-12-31	$NZ$46.32 M	-77.46%
2020-12-31	$NZ$0.20 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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Grove Collaborative (GROV) - Net assets