Turnstone Biologics (TSBX)

Net assets on the balance sheet as of June 2025 : A$22.12 Million

According to Turnstone Biologics's latest financial reports the company has A$22.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Turnstone Biologics - Net assets on balance sheet (from 2022 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$A$50.59 M	-65.07%
2023-12-31	$A$0.14 B	-197.13%
2022-12-31	$-A$0.15 Billion	32.07%
2021-12-31	$-A$0.12 Billion

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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Turnstone Biologics (TSBX) - Net assets