Energy Vault (NRGV) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.31 Billion

According to Energy Vault's latest financial reports the company has NZ$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Vault - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.35 B	-21.91%
2022-12-31	$NZ$0.45 B	-550.77%
2021-12-31	$-NZ$0.11 Billion	83.05%
2020-12-31	$-NZ$54.92 Million	163.26%
2019-12-31	$-NZ$20.87 Million

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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Energy Vault (NRGV) - Net assets