Nuvalent (NUVL) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$8.71 Billion

According to Nuvalent's latest financial reports the company has HK$8.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nuvalent - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$5.47 B	51.25%
2022-12-31	$HK$3.61 B	62.75%
2021-12-31	$HK$2.22 B	-1015.32%
2020-12-31	$-HK$0.25 Billion	80.68%
2019-12-31	$-HK$0.14 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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Nuvalent (NUVL) - Net assets