Vertical Aerospace (EVTL)

Net assets on the balance sheet as of December 2023 : -S$85.06 Million

According to Vertical Aerospace's latest financial reports the company has -S$85.06 Million 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	$-S$83.76 Million	-805.69%
2022-12-31	$S$11.86 M	-89.43%
2021-12-31	$S$0.11 B	-6741.63%
2020-12-31	$-S$1.7 Million	-122.99%
2019-12-31	$S$7.35 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