Verde Clean Fuels (VGAS)

Net assets on the balance sheet as of September 2024 : C$32 Million

According to Verde Clean Fuels's latest financial reports the company has C$32 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Verde Clean Fuels - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$1.49 M	-117.31%
2021-12-31	$-C$8.65 Million	-339.79%
2020-12-31	$C$3.6 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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Verde Clean Fuels (VGAS) - Net assets