Aerovate Therapeutics (AVTE)

Net assets on the balance sheet as of June 2024 : C$0.12 B

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

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

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.17 B	-21.18%
2021-12-31	$C$0.21 B	-1382.33%
2020-12-31	$-C$17.02 M	260.32%
2019-12-31	$-C$4.73 M

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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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Aerovate Therapeutics (AVTE) - Net assets