Eterna Therapeutics (ERNA)

Net assets on the balance sheet as of June 2024 : -A$12.79 M

According to Eterna Therapeutics's latest financial reports the company has -A$12.79 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$17.79 M	-49.27%
2021-12-31	$A$35.07 M	252.89%
2020-12-31	$A$9.93 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Baxter BAX	A$11.56 B	-90,505.82%	🇺🇸 USA
Geron GERN	A$0.46 B	-3,697.17%	🇺🇸 USA
Omeros Corporation OMER	-A$0.19 B	1,361.39%	🇺🇸 USA
Sanofi SNY	A$117.36 B	-917,899.67%	🇫🇷 France
Bio-Techne TECH	A$3.10 B	-24,365.19%	🇺🇸 USA
Genetic Technologies GENE	A$4.91 M	-138.45%	🇦🇺 Australia
Teva Pharmaceutical Industries TEVA	A$9.84 B	-77,076.31%	🇮🇱 Israel

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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Eterna Therapeutics (ERNA) - Net assets

Net assets on the balance sheet as of June 2024 : -A$12.79 M