Virgin Orbit (VORB) - Net assets

Net assets on the balance sheet as of December 2022 : C$69.33 Million

According to Virgin Orbit's latest financial reports the company has C$69.33 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virgin Orbit - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$C$0.27 B	-206.61%
2020-12-31	$-C$0.26 Billion	72.25%
2019-12-31	$-C$0.15 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Virgin Galactic SPCE	C$0.52 B	655.87%	🇺🇸 USA

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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