Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : C$0.25 Billion

According to Novonix's latest financial reports the company has C$0.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novonix - Net assets on balance sheet (from 2015 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.24 B	-20.47%
2022-12-31	$C$0.30 B
2022-06-30	$C$0.32 B	150.9%
2021-06-30	$C$0.12 B	208.59%
2020-06-30	$C$41.78 M	310.45%
2019-06-30	$C$10.18 M	-54.96%
2018-06-30	$C$22.6 M	46.63%
2017-06-30	$C$15.41 M	687.57%
2016-06-30	$C$1.95 M
2015-09-30	$C$2.1 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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Novonix (NVX) - Net assets