Enovix (ENVX) - Net Assets

Net assets on the balance sheet as of September 2024 : C$0.24 Billion

According to Enovix's latest financial reports the company has C$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.34 B	-28.4%
2022-12-31	$C$0.48 B	16.37%
2021-12-31	$C$0.41 B	800.03%
2020-12-31	$C$46.17 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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Enovix (ENVX) - Net assets