Phio Pharmaceuticals (PHIO)

Net assets on the balance sheet as of June 2024 : A$5.65 M

According to Phio Pharmaceuticals's latest financial reports the company has A$5.65 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phio Pharmaceuticals - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$15.92 M	-47.2%
2021-12-31	$A$30.16 M	78.56%
2020-12-31	$A$16.89 M	106.59%
2019-12-31	$A$8.17 M	-57.56%
2018-12-31	$A$19.26 M	720.62%
2017-12-31	$A$2.34 M	-84.41%
2016-12-31	$A$15.05 M	23.39%
2015-12-31	$A$12.2 M	264.59%
2014-12-31	$A$3.34 M	-39.58%
2013-12-31	$A$5.54 M	-198.37%
2012-12-31	$-A$5.64 M	883.9%
2011-12-31	$-A$0.58 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	A$9.02 M	59.42%	🇺🇸 USA
OPKO Health OPK	A$2.09 B	36,881.71%	🇺🇸 USA

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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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Phio Pharmaceuticals (PHIO) - Net assets

Net assets on the balance sheet as of June 2024 : A$5.65 M