Advaxis (ADXS) - Net Assets

Net assets on the balance sheet as of December 2023 : -₹2.3 Billion

According to Advaxis's latest financial reports the company has -₹2.3 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Advaxis - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2021-12-31	$₹2.54 B	-9.46%
2020-12-31	$₹2.80 B	-201.18%
2019-12-31	$-₹2.78 Billion	81.59%
2018-12-31	$-₹1.53 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Genocea Biosciences GNCA	₹1.16 B	-150.72%	🇺🇸 USA
Inovio Pharmaceuticals INO	₹0.41 B	-117.90%	🇺🇸 USA
Heska Corporation HSKA	₹39.19 B	-1,810.57%	🇺🇸 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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Advaxis (ADXS) - Net assets

Net assets on the balance sheet as of December 2023 : -₹2.3 Billion