Provention Bio (PRVB)

Net assets on the balance sheet as of December 2022 : NZ$0.21 Billion

According to Provention Bio's latest financial reports the company has NZ$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Provention Bio - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.19 B	18.38%
2021-12-31	$NZ$0.16 B	-165.85%
2020-12-31	$-NZ$0.25 Billion	-301.82%
2019-12-31	$NZ$0.12 B	37.16%
2018-12-31	$NZ$88.93 M	213.45%
2017-12-31	$NZ$28.37 M	-12033.05%
2016-12-31	$-NZ$0.24 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	NZ$0.64 B	196.09%	Jersey
Novavax NVAX	-NZ$0.94 Billion	-532.04%	🇺🇸 USA
Organovo ONVO	NZ$6.55 M	-96.98%	🇺🇸 USA
Orchard Therapeutics ORTX	NZ$0.14 B	-34.13%	🇬🇧 UK

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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Provention Bio (PRVB) - Net assets

Net assets on the balance sheet as of December 2022 : NZ$0.21 Billion