Advaxis (ADXS) - Net Assets

Net assets on the balance sheet as of December 2023 : -₹2.05 B

According to Advaxis's latest financial reports the company has -₹2.05 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Advaxis - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2021-12-31	$₹2.54 B	-9.2%
2020-12-31	$₹2.80 B	-201.2%
2019-12-31	$-₹2.78 B	82.2%
2018-12-31	$-₹1.53 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inovio Pharmaceuticals INO	₹8.11 B	-496.20%	🇺🇸 USA
Genocea Biosciences GNCA	₹1.03 B	-150.72%	🇺🇸 USA
Heska Corporation HSKA	₹35.04 B	-1,810.57%	🇺🇸 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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Advaxis (ADXS) - Net assets

Net assets on the balance sheet as of December 2023 : -₹2.05 B