Vertical Aerospace (EVTL)

Net assets on the balance sheet as of December 2023 : -£48.33 M

According to Vertical Aerospace's latest financial reports the company has -£48.33 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-£49.78 M	-780.23%
2022-12-31	$£7.31 M	-88.11%
2021-12-31	$£61.56 M	-6663.01%
2020-12-31	$-£0.94 M	-122.54%
2019-12-31	$£4.16 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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Vertical Aerospace (EVTL) - Net assets