Advent Technologies (ADN)

Net assets on the balance sheet as of June 2024 : -$2.88 Million USD

According to Advent Technologies's latest financial reports the company has -$2.88 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$$64.14 M	-50.73%
2021-12-31	$$0.13 B	-7359.71%
2020-12-31	$-$1.8 Million	-135.87%
2019-12-31	$$5 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plug Power PLUG	$3.02 B	-105,321.60%	🇺🇸 USA

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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Advent Technologies (ADN) - Net assets

Net assets on the balance sheet as of June 2024 : -$2.88 Million USD