Lipella Pharmaceuticals (LIPO)

Net assets on the balance sheet as of June 2024 : NZ$2.9 Million

According to Lipella Pharmaceuticals's latest financial reports the company has NZ$2.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lipella Pharmaceuticals - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$4.97 M	-32.48%
2022-12-31	$NZ$7.36 M	253.35%
2021-12-31	$NZ$2.08 M	224.57%
2020-12-31	$NZ$0.64 M

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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Lipella Pharmaceuticals (LIPO) - Net assets