Aerovate Therapeutics (AVTE)

Net assets on the balance sheet as of June 2024 : A$0.14 B

According to Aerovate Therapeutics's latest financial reports the company has A$0.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aerovate Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.18 B	-21.46%
2021-12-31	$A$0.23 B	-1469.32%
2020-12-31	$-A$17.32 M	234.16%
2019-12-31	$-A$5.19 M

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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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Aerovate Therapeutics (AVTE) - Net assets