Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2024 : £4.07 Million

According to Virax Biolabs's latest financial reports the company has £4.07 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
2023-03-31	$£7.18 M	-889.19%
2022-03-31	$-£0.92 Million	50.52%
2021-03-31	$-£0.61 Million	-38.39%
2020-03-31	$-£0.99 Million

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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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Virax Biolabs (VRAX) - Net assets