Verde Clean Fuels (VGAS)

Net assets on the balance sheet as of June 2024 : HK$0.18 Billion

According to Verde Clean Fuels's latest financial reports the company has HK$0.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Verde Clean Fuels - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$8.62 M	-116.29%
2021-12-31	$-HK$52.92 Million	-341.31%
2020-12-31	$HK$21.92 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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Verde Clean Fuels (VGAS) - Net assets