Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$1.43 Billion

According to Novonix's latest financial reports the company has HK$1.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novonix - Net assets on balance sheet (from 2015 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.43 B	-18.67%
2022-12-31	$HK$1.76 B
2022-06-30	$HK$1.97 B	143.99%
2021-06-30	$HK$0.80 B	240.54%
2020-06-30	$HK$0.23 B	291.3%
2019-06-30	$HK$60.6 M	-55.08%
2018-06-30	$HK$0.13 B	45.69%
2017-06-30	$HK$92.59 M	688.63%
2016-06-30	$HK$11.74 M
2015-09-30	$HK$12.15 M

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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Novonix (NVX) - Net assets