Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : £0.14 Billion

According to Novonix's latest financial reports the company has £0.14 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	$£0.14 B	-22.73%
2022-12-31	$£0.18 B
2022-06-30	$£0.20 B	175.46%
2021-06-30	$£75.14 M	202.33%
2020-06-30	$£24.85 M	306.81%
2019-06-30	$£6.11 M	-53.05%
2018-06-30	$£13.01 M	42.71%
2017-06-30	$£9.11 M	711.43%
2016-06-30	$£1.12 M
2015-09-30	$£1.03 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