Enovix (ENVX) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹14.45 Billion

According to Enovix's latest financial reports the company has ₹14.45 Billion 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	$₹21.73 B	-26.3%
2022-12-31	$₹29.49 B	21.51%
2021-12-31	$₹24.27 B	816.45%
2020-12-31	$₹2.64 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