89bio (ETNB) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.61 Billion

According to 89bio's latest financial reports the company has A$0.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

89bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.78 B	252.81%
2022-12-31	$A$0.22 B	28.42%
2021-12-31	$A$0.17 B	-34.18%
2020-12-31	$A$0.26 B	105.47%
2019-12-31	$A$0.12 B	-663.62%
2018-12-31	$-A$22.8 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.44 B	-27.53%	🇺🇸 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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89bio (ETNB) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.61 Billion