Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2025 : NZ$9.44 Million

According to Virax Biolabs's latest financial reports the company has NZ$9.44 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virax Biolabs - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2025-03-31	$NZ$9.63 M	12.22%
2024-03-31	$NZ$8.58 M	-39.62%
2023-03-31	$NZ$14.21 M	-923.78%
2022-03-31	$-NZ$1.73 Million	44.9%
2021-03-31	$-NZ$1.2 Million	-41.66%
2020-03-31	$-NZ$2.05 Million

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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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Virax Biolabs (VRAX) - Net assets