Energy Vault (NRGV) - Net Assets

Net assets on the balance sheet as of June 2024 : C$0.26 B

According to Energy Vault's latest financial reports the company has C$0.26 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Vault - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.29 B	-23.97%
2022-12-31	$C$0.39 B	-549.25%
2021-12-31	$-C$86.91 M	71.97%
2020-12-31	$-C$50.54 M	177.45%
2019-12-31	$-C$18.22 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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Energy Vault (NRGV) - Net assets