EQRx (EQRX) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$1.99 Billion

According to EQRx's latest financial reports the company has NZ$1.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EQRx - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$2.18 B	-1.36%
2021-12-31	$NZ$2.21 B	-720.06%
2020-12-31	$-NZ$0.36 Billion	2731.91%
2019-12-31	$-NZ$12.63 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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