Embark Technology (EMBK) - Net assets

Net assets on the balance sheet as of March 2023 : A$0.20 Billion

According to Embark Technology 's latest financial reports the company has A$0.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Embark Technology - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.27 B	-16.01%
2021-12-31	$A$0.32 B	251.47%
2020-12-31	$A$92.08 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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