Vitesco Technologies Group (VTSC.DE)

Net assets on the balance sheet as of June 2024 : $3.14 B

According to Vitesco Technologies Group's latest financial reports the company has $3.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitesco Technologies Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$3.28 B	7.38%
2021-12-31	$$3.05 B	-5.53%
2020-12-31	$$3.23 B	-9.29%
2019-12-31	$$3.56 B	-38.83%
2018-12-31	$$5.83 B

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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Vitesco Technologies Group (VTSC.DE) - Net assets