Nuvalent (NUVL) - Net Assets

Net assets on the balance sheet as of September 2024 : C$1.61 Billion

According to Nuvalent's latest financial reports the company has C$1.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.92 B	47.9%
2022-12-31	$C$0.62 B	72.94%
2021-12-31	$C$0.36 B	-1009.54%
2020-12-31	$-C$39.94 Million	77.21%
2019-12-31	$-C$22.54 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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Nuvalent (NUVL) - Net assets