Phio Pharmaceuticals (PHIO)

Net assets on the balance sheet as of June 2024 : €3.4 M

According to Phio Pharmaceuticals's latest financial reports the company has €3.4 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phio Pharmaceuticals - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€10.1 M	-47.59%
2021-12-31	$€19.27 M	81.03%
2020-12-31	$€10.64 M	108.01%
2019-12-31	$€5.11 M	-56.81%
2018-12-31	$€11.85 M	675.87%
2017-12-31	$€1.52 M	-85.2%
2016-12-31	$€10.31 M	26.73%
2015-12-31	$€8.14 M	261.12%
2014-12-31	$€2.25 M	-36.96%
2013-12-31	$€3.57 M	-180.96%
2012-12-31	$-€4.42 M	877.54%
2011-12-31	$-€0.46 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	€5.42 M	59.42%	🇺🇸 USA
OPKO Health OPK	€1.25 B	36,881.71%	🇺🇸 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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Phio Pharmaceuticals (PHIO) - Net assets

Net assets on the balance sheet as of June 2024 : €3.4 M