Provention Bio (PRVB)

Net assets on the balance sheet as of December 2022 : A$0.18 Billion

According to Provention Bio's latest financial reports the company has A$0.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Provention Bio - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.17 B	17.23%
2021-12-31	$A$0.15 B	-166.11%
2020-12-31	$-A$0.24 Billion	-296.88%
2019-12-31	$A$0.11 B	38.56%
2018-12-31	$A$84.68 M	228.08%
2017-12-31	$A$25.81 M	-11396.4%
2016-12-31	$-A$0.23 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	A$0.51 B	180.13%	Jersey
Novavax NVAX	-A$0.24 Billion	-228.58%	🇺🇸 USA
Organovo ONVO	A$15.71 M	-91.39%	🇺🇸 USA
Orchard Therapeutics ORTX	A$0.12 B	-34.13%	🇬🇧 UK

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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Provention Bio (PRVB) - Net assets

Net assets on the balance sheet as of December 2022 : A$0.18 Billion