Advent Technologies (ADN)

Net assets on the balance sheet as of December 2023 : NZ$21.73 M

According to Advent Technologies's latest financial reports the company has NZ$21.73 M 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 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.10 B	-46.86%
2021-12-31	$NZ$0.19 B	-7723.92%
2020-12-31	$-NZ$2.5 M	-133.64%
2019-12-31	$NZ$7.41 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plug Power PLUG	NZ$4.83 B	22,123.23%	🇺🇸 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 December 2023 : NZ$21.73 M