Longboard Pharmaceuticals (LBPH)

Net assets on the balance sheet as of June 2024 : A$0.44 B

According to Longboard Pharmaceuticals's latest financial reports the company has A$0.44 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Longboard Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$60.06 M	-33.5%
2022-12-31	$A$90.33 M	-36.43%
2021-12-31	$A$0.14 B	-4167.53%
2020-12-31	$-A$3.5 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.45 B	2.65%	🇺🇸 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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Longboard Pharmaceuticals (LBPH) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.44 B