Instil Bio (TIL) - Net Assets

Net assets on the balance sheet as of June 2024 : C$0.27 Billion

According to Instil Bio's latest financial reports the company has C$0.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Instil Bio - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.49 B	-30.27%
2021-12-31	$C$0.70 B	-1501.36%
2020-12-31	$-C$50.5 Million	460.93%
2019-12-31	$-C$9.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	C$0.42 B	55.06%	🇺🇸 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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Instil Bio (TIL) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.27 Billion