Nuvectis Pharma (NVCT)

Net assets on the balance sheet as of June 2024 : A$18.79 M

According to Nuvectis Pharma's latest financial reports the company has A$18.79 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nuvectis Pharma - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$17.9 M	-14.29%
2022-12-31	$A$20.89 M	-238.02%
2021-12-31	$-A$15.14 M	116558.85%
2020-12-31	$-A$0.02 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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Nuvectis Pharma (NVCT) - Net assets