NRx Pharmaceuticals (NRXP)

Net assets on the balance sheet as of June 2024 : -NZ$29.73 M

According to NRx Pharmaceuticals's latest financial reports the company has -NZ$29.73 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$11.66 M	-61.59%
2021-12-31	$NZ$30.38 M	-149.92%
2020-12-31	$-NZ$60.87 M

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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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NRx Pharmaceuticals (NRXP) - Net assets