Vaxxinity (VAXX) - Net Assets

Net assets on the balance sheet as of December 2023 : A$22.04 Million

According to Vaxxinity's latest financial reports the company has A$22.04 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vaxxinity - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$19.68 M	-78.46%
2022-12-31	$A$91.36 M	-48.5%
2021-12-31	$A$0.17 B	-256.13%
2020-12-31	$-A$0.12 Billion	64%
2019-12-31	$-A$69.29 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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Vaxxinity (VAXX) - Net assets