NRx Pharmaceuticals (NRXP)

Net assets on the balance sheet as of June 2024 : -A$27.59 M

According to NRx Pharmaceuticals's latest financial reports the company has -A$27.59 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NRx Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$10.88 M	-61.95%
2021-12-31	$A$28.61 M	-150.37%
2020-12-31	$-A$56.81 M

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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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NRx Pharmaceuticals (NRXP) - Net assets