Reneo Pharmaceuticals (RPHM)

Net assets on the balance sheet as of June 2024 : A$0.11 B

According to Reneo Pharmaceuticals's latest financial reports the company has A$0.11 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.14 B	-27.44%
2021-12-31	$A$0.20 B	-470.44%
2020-12-31	$-A$54.66 M	66.13%
2019-12-31	$-A$32.9 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.45 B	293.40%	🇺🇸 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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Reneo Pharmaceuticals (RPHM) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.11 B