Vaxcyte (PCVX) - Net Assets

Net assets on the balance sheet as of June 2024 : A$3.01 Billion

According to Vaxcyte 's latest financial reports the company has A$3.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vaxcyte - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.82 B	29.93%
2022-12-31	$A$1.40 B	257.7%
2021-12-31	$A$0.39 B	-12.9%
2020-12-31	$A$0.44 B	-396.04%
2019-12-31	$-A$0.16 Billion	85.41%
2018-12-31	$-A$81.95 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.45 B	-84.77%	🇺🇸 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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Vaxcyte (PCVX) - Net assets

Net assets on the balance sheet as of June 2024 : A$3.01 Billion