Nauticus Robotics (KITT)

Net assets on the balance sheet as of September 2024 : -S$47.9 Million

According to Nauticus Robotics's latest financial reports the company has -S$47.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nauticus Robotics - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-S$55.19 Million	-148080.02%
2022-12-31	$S$0.03 M	-100.42%
2021-12-31	$-S$8.94 Million	372.89%
2020-12-31	$-S$1.9 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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Nauticus Robotics (KITT) - Net assets