Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2024 : HK$40 Million

According to Virax Biolabs's latest financial reports the company has HK$40 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virax Biolabs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$69.89 M	-846.18%
2022-03-31	$-HK$9.37 Million	44.83%
2021-03-31	$-HK$6.47 Million	-31.36%
2020-03-31	$-HK$9.43 Million

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Virax Biolabs (VRAX) - Net assets