Virgin Orbit (VORB) - Net assets

Net assets on the balance sheet as of December 2022 : HK$0.37 Billion

According to Virgin Orbit's latest financial reports the company has HK$0.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virgin Orbit - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$HK$1.66 B	-207.29%
2020-12-31	$-HK$1.55 Billion	75.62%
2019-12-31	$-HK$0.89 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Virgin Galactic SPCE	HK$3.06 B	715.42%	🇺🇸 USA

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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