Vertical Aerospace (EVTL)

Net assets on the balance sheet as of December 2023 : -A$0.11 Billion

According to Vertical Aerospace's latest financial reports the company has -A$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$93.09 Million	-815.49%
2022-12-31	$A$13 M	-88.65%
2021-12-31	$A$0.11 B	-6993.3%
2020-12-31	$-A$1.67 Million	-121.33%
2019-12-31	$A$7.79 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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Vertical Aerospace (EVTL) - Net assets