Advent Technologies (ADN)

Net assets on the balance sheet as of June 2024 : -NZ$5.1 Million

According to Advent Technologies's latest financial reports the company has -NZ$5.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.10 B	-47%
2021-12-31	$NZ$0.19 B	-7768.89%
2020-12-31	$-NZ$2.49 Million	-133.48%
2019-12-31	$NZ$7.42 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plug Power PLUG	NZ$5.35 B	-105,321.60%	🇺🇸 USA

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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Advent Technologies (ADN) - Net assets

Net assets on the balance sheet as of June 2024 : -NZ$5.1 Million