EQRx (EQRX) - Net assets

Net assets on the balance sheet as of September 2023 : $1.17 Billion USD

According to EQRx's latest financial reports the company has $1.17 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EQRx - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$1.38 B	-8.32%
2021-12-31	$$1.51 B	-686.98%
2020-12-31	$-$0.26 Billion	2934.01%
2019-12-31	$-$8.51 Million

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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