Alvotech (ALVO) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$0.84 Billion

According to Alvotech's latest financial reports the company has -C$0.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$0.77 Billion	343.14%
2021-12-31	$-C$0.18 Billion	-84.37%
2020-12-31	$-C$1.11 Billion

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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Alvotech (ALVO) - Net assets