Energy Vault (NRGV) - Net Assets

Net assets on the balance sheet as of September 2024 : S$0.24 Billion

According to Energy Vault's latest financial reports the company has S$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.29 B	-23.37%
2022-12-31	$S$0.38 B	-515.5%
2021-12-31	$-S$92.84 Million	77.08%
2020-12-31	$-S$52.43 Million	176.77%
2019-12-31	$-S$18.95 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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Energy Vault (NRGV) - Net assets