Owlet (OWLT) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$56.98 Million

According to Owlet's latest financial reports the company has -NZ$56.98 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Owlet - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$46.93 Million	180.14%
2022-12-31	$-NZ$16.76 Million	-120.73%
2021-12-31	$NZ$80.8 M	-380.01%
2020-12-31	$-NZ$28.86 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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Owlet (OWLT) - Net assets