Elevation Oncology (ELEV)

Net assets on the balance sheet as of June 2024 : $80.91 M

According to Elevation Oncology's latest financial reports the company has $80.91 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elevation Oncology - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$54.8 M	11.78%
2022-12-31	$$49.03 M	-65.15%
2021-12-31	$$0.14 B	-709.58%
2020-12-31	$-$23.09 M	293%
2019-12-31	$-$5.88 M

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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Elevation Oncology (ELEV) - Net assets