Graphite Bio (GRPH) - Net assets

Net assets on the balance sheet as of December 2023 : A$0.28 Billion

According to Graphite Bio's latest financial reports the company has A$0.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.26 B	-38.11%
2022-12-31	$A$0.43 B	-17.81%
2021-12-31	$A$0.52 B	-722.75%
2020-12-31	$-A$85.07 Million	2585.15%
2019-12-31	$-A$3.17 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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