Enovix (ENVX) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.28 B

According to Enovix's latest financial reports the company has NZ$0.28 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.41 B	-26.45%
2022-12-31	$NZ$0.56 B	17.58%
2021-12-31	$NZ$0.47 B	851.23%
2020-12-31	$NZ$50.19 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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Enovix (ENVX) - Net assets