Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2024 : ₹0.43 B

According to Virax Biolabs's latest financial reports the company has ₹0.43 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virax Biolabs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$₹0.73 B	-905.26%
2022-03-31	$-₹90.85 M	49.28%
2021-03-31	$-₹60.86 M	-33.62%
2020-03-31	$-₹91.68 M

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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Virax Biolabs (VRAX) - Net assets