Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of March 2026 : C$2.00 Billion

According to Praxis Precision Medicines's latest financial reports the company has C$2.00 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Praxis Precision Medicines - Net assets on balance sheet (from 2019 to 2026)

Net assets by year

Year	Net assets	Change
2025-12-31	$C$1.20 B	88.13%
2024-12-31	$C$0.63 B	591.75%
2023-12-31	$C$92.4 M	-10.52%
2022-12-31	$C$0.10 B	-67.69%
2021-12-31	$C$0.31 B	-12.79%
2020-12-31	$C$0.36 B	599.61%
2019-12-31	$C$52.38 M	161.95%
2018-12-31	$C$19.99 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	C$0.54 B	-72.74%	🇺🇸 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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Praxis Precision Medicines (PRAX) - Net assets

Net assets on the balance sheet as of March 2026 : C$2.00 Billion