Rallybio (RLYB) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.12 Billion

According to Rallybio's latest financial reports the company has A$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.15 B	-37.36%
2022-12-31	$A$0.24 B	2.72%
2021-12-31	$A$0.24 B	36.94%
2020-12-31	$A$0.17 B	-710.6%
2019-12-31	$-A$28.97 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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Rallybio (RLYB) - Net assets