Virax Biolabs (VRAX)

Net assets on the balance sheet as of March 2024 : $5.13 Million USD

According to Virax Biolabs's latest financial reports the company has $5.13 Million USD 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	$$8.9 M	-844.04%
2022-03-31	$-$1.2 Million	43.87%
2021-03-31	$-$0.84 Million	-31.54%
2020-03-31	$-$1.22 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