Energy Vault (NRGV) - Net Assets

Net assets on the balance sheet as of June 2024 : $0.19 Billion USD

According to Energy Vault's latest financial reports the company has $0.19 Billion USD 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	$$0.22 B	-22.22%
2022-12-31	$$0.28 B	-519%
2021-12-31	$-$68.67 Million	73.28%
2020-12-31	$-$39.63 Million	182.05%
2019-12-31	$-$14.05 Million

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