Energy Vault (NRGV) - Net Assets

Net assets on the balance sheet as of June 2024 : £0.15 Billion

According to Energy Vault's latest financial reports the company has £0.15 Billion 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	$£0.17 B	-26.14%
2022-12-31	$£0.23 B	-567.5%
2021-12-31	$-£50.87 Million	74.98%
2020-12-31	$-£29.08 Million	171.34%
2019-12-31	$-£10.72 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