Nuvalent (NUVL) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.09 Billion

According to Nuvalent's latest financial reports the company has NZ$1.09 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	$NZ$1.10 B	51.91%
2022-12-31	$NZ$0.72 B	74.74%
2021-12-31	$NZ$0.41 B	-1061.28%
2020-12-31	$-NZ$43.42 Million	69.43%
2019-12-31	$-NZ$25.63 Million

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