Lantern Pharma (LTRN)

Net assets on the balance sheet as of June 2024 : C$41.95 M

According to Lantern Pharma's latest financial reports the company has C$41.95 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lantern Pharma - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$76.04 M	-16.05%
2021-12-31	$C$90.57 M	260.58%
2020-12-31	$C$25.12 M	1954.27%
2019-12-31	$C$1.22 M	-544.21%
2018-12-31	$-C$0.28 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	C$0.41 B	877.65%	🇺🇸 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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Lantern Pharma (LTRN) - Net assets

Net assets on the balance sheet as of June 2024 : C$41.95 M