Scilex Holding (SCLX)

Net assets on the balance sheet as of June 2024 : -NZ$0.38 Billion

According to Scilex Holding's latest financial reports the company has -NZ$0.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scilex Holding - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.28 Billion	-579.1%
2022-12-31	$NZ$57.07 M	-117.41%
2021-12-31	$-NZ$0.33 Billion	66.92%
2020-12-31	$-NZ$0.2 Billion

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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Scilex Holding (SCLX) - Net assets