AvidXchange (AVDX) - Net Assets

Net assets on the balance sheet as of June 2024 : $0.68 Billion USD

According to AvidXchange's latest financial reports the company has $0.68 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.65 B	-0.15%
2022-12-31	$$0.65 B	-9.07%
2021-12-31	$$0.72 B	-241.47%
2020-12-31	$-$0.52 Billion	-265.38%
2019-12-31	$$0.30 B

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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AvidXchange (AVDX) - Net assets