Advaxis (ADXS) - Net Assets

Net assets on the balance sheet as of December 2023 : -£18.61 M

According to Advaxis's latest financial reports the company has -£18.61 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Advaxis - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2021-12-31	$£25.23 M	-10.27%
2020-12-31	$£28.12 M	-195.9%
2019-12-31	$-£29.33 M	71.19%
2018-12-31	$-£17.14 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inovio Pharmaceuticals INO	£73.71 M	-496.20%	🇺🇸 USA
Genocea Biosciences GNCA	£9.43 M	-150.72%	🇺🇸 USA
Heska Corporation HSKA	£0.31 B	-1,810.57%	🇺🇸 USA

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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Advaxis (ADXS) - Net assets

Net assets on the balance sheet as of December 2023 : -£18.61 M