Novonix (NVX) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$0.32 Billion

According to Novonix's latest financial reports the company has NZ$0.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novonix - Net assets on balance sheet (from 2015 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.29 B	-18.31%
2022-12-31	$NZ$0.35 B
2022-06-30	$NZ$0.40 B	171.07%
2021-06-30	$NZ$0.14 B	212.61%
2020-06-30	$NZ$47.6 M	312.57%
2019-06-30	$NZ$11.53 M	-54.54%
2018-06-30	$NZ$25.38 M	56.38%
2017-06-30	$NZ$16.23 M	664.13%
2016-06-30	$NZ$2.12 M
2015-09-30	$NZ$2.46 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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Novonix (NVX) - Net assets