Vaxxinity (VAXX) - Net Assets

Net assets on the balance sheet as of December 2023 : €12.1 M

According to Vaxxinity's latest financial reports the company has €12.1 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vaxxinity - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$€57.96 M	-48.73%
2021-12-31	$€0.11 B	-258.16%
2020-12-31	$-€71.48 M	65.44%
2019-12-31	$-€43.21 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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Vaxxinity (VAXX) - Net assets