Marti Technologies (MRT)

Net assets on the balance sheet as of June 2024 : -S$68.68 Million

According to Marti Technologies's latest financial reports the company has -S$68.68 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Marti Technologies - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-S$43.19 Million	-523.86%
2022-12-31	$S$10.18 M	-63.27%
2021-12-31	$S$27.74 M	680.73%
2020-12-31	$S$3.55 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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Marti Technologies (MRT) - Net assets