Vertex (VERX) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹21.97 Billion

According to Vertex's latest financial reports the company has ₹21.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vertex - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹21.06 B	10.79%
2022-12-31	$₹19.00 B	11%
2021-12-31	$₹17.12 B	2.1%
2020-12-31	$₹16.77 B	-309.2%
2019-12-31	$-₹8.02 Billion	2.66%
2018-12-31	$-₹7.82 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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Vertex (VERX) - Net assets