Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2024 : A$8.17 Million

According to Virax Biolabs's latest financial reports the company has A$8.17 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virax Biolabs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$A$7.88 M	-40.51%
2023-03-31	$A$13.25 M	-931.13%
2022-03-31	$-A$1.6 Million	45.9%
2021-03-31	$-A$1.1 Million	-44.5%
2020-03-31	$-A$1.97 Million

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Virax Biolabs (VRAX) - Net assets