Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2024 : NZ$8.91 Million

According to Virax Biolabs's latest financial reports the company has NZ$8.91 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 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$14.2 M	-927.22%
2022-03-31	$-NZ$1.72 Million	44.32%
2021-03-31	$-NZ$1.19 Million	-41.16%
2020-03-31	$-NZ$2.03 Million

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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