AvidXchange (AVDX) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹57.94 Billion

According to AvidXchange's latest financial reports the company has ₹57.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$₹54.64 B	0.45%
2022-12-31	$₹54.40 B	1.09%
2021-12-31	$₹53.81 B	-243.98%
2020-12-31	$-₹37.38 Billion	-269.61%
2019-12-31	$₹22.03 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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AvidXchange (AVDX) - Net assets