AvidXchange (AVDX) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$5.25 Billion

According to AvidXchange's latest financial reports the company has HK$5.25 Billion 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	$HK$5.12 B	-0.19%
2022-12-31	$HK$5.13 B	-8.89%
2021-12-31	$HK$5.63 B	-242.3%
2020-12-31	$-HK$3.97 Billion	-264.62%
2019-12-31	$HK$2.40 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