Morphic Therapeutic (MORF)

Net assets on the balance sheet as of June 2024 : A$0.92 B

According to Morphic Therapeutic's latest financial reports the company has A$0.92 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morphic Therapeutic - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.02 B	99.42%
2022-12-31	$A$0.51 B	10.79%
2021-12-31	$A$0.46 B	145.75%
2020-12-31	$A$0.18 B	-6%
2019-12-31	$A$0.20 B	-368.82%
2018-12-31	$-A$74.58 M	96.07%
2017-12-31	$-A$38.04 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	A$9.02 M	-99.03%	🇺🇸 USA
OPKO Health OPK	A$2.09 B	125.62%	🇺🇸 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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Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.92 B