Vertex (VERX) - Net Assets

Net assets on the balance sheet as of September 2024 : S$0.34 Billion

According to Vertex's latest financial reports the company has S$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vertex - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.33 B	8.49%
2022-12-31	$S$0.30 B	-0.99%
2021-12-31	$S$0.31 B	2.52%
2020-12-31	$S$0.30 B	-300.16%
2019-12-31	$-S$0.16 Billion	-0.67%
2018-12-31	$-S$0.16 Billion

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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Vertex (VERX) - Net assets