Rent the Runway (RENT)

Net assets on the balance sheet as of October 2024 : -S$0.24 Billion

According to Rent the Runway's latest financial reports the company has -S$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rent the Runway - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-01-31	$-S$46.4 Million	-148.12%
2022-01-31	$S$96.4 M	-113.77%
2021-01-31	$-S$0.71 Billion	41.06%
2020-01-31	$-S$0.5 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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Rent the Runway (RENT) - Net assets