Enovix (ENVX) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.34 B

According to Enovix's latest financial reports the company has HK$1.34 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Enovix - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.03 B	-26.77%
2022-12-31	$HK$2.78 B	9.51%
2021-12-31	$HK$2.54 B	805.75%
2020-12-31	$HK$0.28 B

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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Enovix (ENVX) - Net assets