4D Molecular Therapeutics (FDMT)

Net assets on the balance sheet as of June 2024 : A$0.88 B

According to 4D Molecular Therapeutics's latest financial reports the company has A$0.88 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

4D Molecular Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.45 B	32.91%
2022-12-31	$A$0.33 B	-22.54%
2021-12-31	$A$0.43 B	31.9%
2020-12-31	$A$0.33 B	-420.53%
2019-12-31	$-A$0.11 B	165.17%
2018-12-31	$-A$39.15 M	56%
2017-12-31	$-A$25.1 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.45 B	-48.60%	🇺🇸 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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4D Molecular Therapeutics (FDMT) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.88 B