Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : S$0.24 Billion

According to Novonix'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.

Novonix - Net assets on balance sheet (from 2015 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.24 B	-19.84%
2022-12-31	$S$0.30 B
2022-06-30	$S$0.34 B	150.02%
2021-06-30	$S$0.13 B	228.1%
2020-06-30	$S$42.63 M	306.31%
2019-06-30	$S$10.49 M	-55.21%
2018-06-30	$S$23.42 M	43.25%
2017-06-30	$S$16.35 M	702.59%
2016-06-30	$S$2.03 M
2015-09-30	$S$2.23 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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Novonix (NVX) - Net assets