Provention Bio (PRVB)

Net assets on the balance sheet as of December 2022 : ₹10.96 Billion

According to Provention Bio's latest financial reports the company has ₹10.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Provention Bio - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹10.08 B	22.34%
2021-12-31	$₹8.24 B	-163.44%
2020-12-31	$-₹13 Billion	-321.75%
2019-12-31	$₹5.85 B	40.45%
2018-12-31	$₹4.17 B	224.2%
2017-12-31	$₹1.28 B	-11595.86%
2016-12-31	$-₹11.2 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	₹30.71 B	180.13%	Jersey
Novavax NVAX	-₹14.1 Billion	-228.58%	🇺🇸 USA
Organovo ONVO	₹0.94 B	-91.39%	🇺🇸 USA
Orchard Therapeutics ORTX	₹7.22 B	-34.13%	🇬🇧 UK

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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Provention Bio (PRVB) - Net assets

Net assets on the balance sheet as of December 2022 : ₹10.96 Billion