Nextracker (NXT) - Net Assets

Net assets on the balance sheet as of June 2024 : $1.13 Billion USD

According to Nextracker's latest financial reports the company has $1.13 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nextracker - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$0.48 B	-16075.65%
2022-03-31	$-$3.04 Million	-100.67%
2021-03-31	$$0.45 B

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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Nextracker (NXT) - Net assets