Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.85 Billion

According to Morphic Therapeutic's latest financial reports the company has C$0.85 Billion 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	10.4%
2021-12-31	$C$0.42 B	131.78%
2020-12-31	$C$0.18 B	0.59%
2019-12-31	$C$0.18 B	-357.1%
2018-12-31	$-C$71.59 Million	91.76%
2017-12-31	$-C$37.34 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	C$8.28 M	-99.03%	🇺🇸 USA
OPKO Health OPK	C$1.79 B	111.10%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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