Fortress Biotech (FBIO)

Net assets on the balance sheet as of June 2024 : -A$22.4 Million

According to Fortress Biotech 's latest financial reports the company has -A$22.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortress Biotech - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$73.51 M	-76.41%
2021-12-31	$A$0.31 B	21.61%
2020-12-31	$A$0.25 B	147.3%
2019-12-31	$A$0.10 B	269.65%
2018-12-31	$A$28.02 M	-81.84%
2017-12-31	$A$0.15 B	34.1%
2016-12-31	$A$0.11 B	-0.5%
2015-12-31	$A$0.11 B	34.24%
2014-12-31	$A$86.17 M	-5.43%
2013-12-31	$A$91.12 M	329.78%
2012-12-31	$A$21.2 M	13.63%
2011-12-31	$A$18.65 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Advaxis ADXS	-A$37.47 Million	67.26%	🇺🇸 USA
Veracyte VCYT	A$1.80 B	-8,156.17%	🇺🇸 USA
Dynavax Technologies DVAX	A$0.98 B	-4,503.68%	🇺🇸 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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Fortress Biotech (FBIO) - Net assets

Net assets on the balance sheet as of June 2024 : -A$22.4 Million