Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : ₹15.52 Billion

According to Novonix's latest financial reports the company has ₹15.52 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novonix - Net assets on balance sheet (from 2015 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹15.31 B	-18.14%
2022-12-31	$₹18.70 B
2022-06-30	$₹19.81 B	156.4%
2021-06-30	$₹7.72 B	233.62%
2020-06-30	$₹2.31 B	333.1%
2019-06-30	$₹0.53 B	-54.54%
2018-06-30	$₹1.17 B	53.06%
2017-06-30	$₹0.76 B	653.44%
2016-06-30	$₹0.10 B
2015-09-30	$₹0.10 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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Novonix (NVX) - Net assets