Vertical Aerospace (EVTL)

Net assets on the balance sheet as of December 2023 : -NZ$0.12 Billion

According to Vertical Aerospace's latest financial reports the company has -NZ$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.11 Billion	-819.16%
2022-12-31	$NZ$13.94 M	-88.54%
2021-12-31	$NZ$0.12 B	-6965.63%
2020-12-31	$-NZ$1.78 Million	-121.87%
2019-12-31	$NZ$8.1 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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Vertical Aerospace (EVTL) - Net assets