Renalytix (RNLX) - Net Assets

Net assets on the balance sheet as of June 2024 : -S$10.55 Million

According to Renalytix's latest financial reports the company has -S$10.55 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renalytix - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$9.44 M	-77.83%
2022-06-30	$S$42.62 M	-66.67%
2021-06-30	$S$0.12 B	155.22%
2020-06-30	$S$50.1 M	333.16%
2019-06-30	$S$11.56 M	-1790.76%
2018-06-30	$-S$0.69 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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Renalytix (RNLX) - Net assets