Enovix (ENVX) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.22 Billion

According to Enovix's latest financial reports the company has S$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.34 B	-27.83%
2022-12-31	$S$0.47 B	8.38%
2021-12-31	$S$0.44 B	820.2%
2020-12-31	$S$47.91 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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Enovix (ENVX) - Net assets