Vertical Aerospace (EVTL)

Net assets on the balance sheet as of September 2024 : -C$0.11 Billion

According to Vertical Aerospace's latest financial reports the company has -C$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$84.12 Million	-800.17%
2022-12-31	$C$12.01 M	-88.66%
2021-12-31	$C$0.10 B	-6596.1%
2020-12-31	$-C$1.64 Million	-122.87%
2019-12-31	$C$7.12 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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Vertical Aerospace (EVTL) - Net assets