Virgin Orbit (VORB) - Net Assets

Net assets on the balance sheet as of December 2022 : S$63.06 M

According to Virgin Orbit's latest financial reports the company has S$63.06 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virgin Orbit - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$S$0.28 B	-208.8%
2020-12-31	$-S$0.27 B	73.46%
2019-12-31	$-S$0.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Virgin Galactic SPCE	S$0.51 B	715.42%	🇺🇸 USA

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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Virgin Orbit (VORB) - Net assets

Net assets on the balance sheet as of December 2022 : S$63.06 M