Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : €0.17 Billion

According to Novonix's latest financial reports the company has €0.17 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	$€0.16 B	-21.05%
2022-12-31	$€0.21 B
2022-06-30	$€0.24 B	175.05%
2021-06-30	$€87.4 M	221.26%
2020-06-30	$€27.2 M	299.48%
2019-06-30	$€6.81 M	-53.63%
2018-06-30	$€14.68 M	41.63%
2017-06-30	$€10.37 M	662.55%
2016-06-30	$€1.35 M
2015-09-30	$€1.39 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