Thinkific Labs (THNC.TO)

Net assets on the balance sheet as of September 2024 : $42.52 Million USD

According to Thinkific Labs's latest financial reports the company has $42.52 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thinkific Labs - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$81.94 M	-6.73%
2022-12-31	$$87.84 M	-27.76%
2021-12-31	$$0.12 B	2190.63%
2020-12-31	$$5.3 M	225.72%
2019-12-31	$$1.62 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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Thinkific Labs (THNC.TO) - Net assets