Morphic Therapeutic (MORF)

Net assets on the balance sheet as of June 2024 : C$0.83 B

According to Morphic Therapeutic's latest financial reports the company has C$0.83 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morphic Therapeutic - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.92 B	95.15%
2022-12-31	$C$0.47 B	11.17%
2021-12-31	$C$0.42 B	130.14%
2020-12-31	$C$0.18 B	1.36%
2019-12-31	$C$0.18 B	-354.82%
2018-12-31	$-C$71.69 M	92.04%
2017-12-31	$-C$37.34 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	C$8.15 M	-99.03%	🇺🇸 USA
OPKO Health OPK	C$1.89 B	125.62%	🇺🇸 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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Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.83 B