EQRx (EQRX) - Net assets

Net assets on the balance sheet as of September 2023 : A$1.87 Billion

According to EQRx's latest financial reports the company has A$1.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EQRx - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.04 B	-2.32%
2021-12-31	$A$2.08 B	-722.56%
2020-12-31	$-A$0.34 Billion	2662.59%
2019-12-31	$-A$12.15 Million

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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