Graphite Bio (GRPH) - Net assets

Net assets on the balance sheet as of December 2023 : C$0.25 Billion

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

Graphite Bio - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.24 B	-39.44%
2022-12-31	$C$0.40 B	-17.86%
2021-12-31	$C$0.48 B	-686.87%
2020-12-31	$-C$83.4 Million	2778.99%
2019-12-31	$-C$2.9 Million

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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