NextNav (NN) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$0.50 Billion

According to NextNav's latest financial reports the company has HK$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.62 B	-22.92%
2022-12-31	$HK$0.81 B	4.12%
2021-12-31	$HK$0.77 B	-120.5%
2020-12-31	$-HK$3.81 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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NextNav (NN) - Net assets