Arcutis Biotherapeutics (ARQT)

Net assets on the balance sheet as of June 2024 : C$0.25 B

According to Arcutis Biotherapeutics's latest financial reports the company has C$0.25 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcutis Biotherapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.11 B	-58.65%
2022-12-31	$C$0.28 B	-24.51%
2021-12-31	$C$0.37 B	9.17%
2020-12-31	$C$0.34 B	-509.37%
2019-12-31	$-C$84.31 M	157.63%
2018-12-31	$-C$32.73 M	421.27%
2017-12-31	$-C$6.28 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	C$0.41 B	62.21%	🇺🇸 USA

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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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Arcutis Biotherapeutics (ARQT) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.25 B