Gracell Biotechnologies (GRCL) - Net assets

Net assets on the balance sheet as of September 2023 : C$0.30 Billion

According to Gracell Biotechnologies's latest financial reports the company has C$0.30 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gracell Biotechnologies - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.27 B	-25.94%
2021-12-31	$C$0.36 B	128.08%
2020-12-31	$C$0.16 B	235.64%
2019-12-31	$C$47.74 M	10014.54%
2018-12-31	$C$0.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	C$0.55 B	79.82%	🇺🇸 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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