89bio (ETNB) - Net Assets

Net assets on the balance sheet as of June 2024 : £0.39 B

According to 89bio's latest financial reports the company has £0.39 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

89bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.42 B	235.42%
2022-12-31	$£0.12 B	34.85%
2021-12-31	$£93.06 M	-37.4%
2020-12-31	$£0.14 B	119.35%
2019-12-31	$£67.77 M	-638.58%
2018-12-31	$-£12.59 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	£0.23 B	-41.27%	🇺🇸 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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89bio (ETNB) - Net assets

Net assets on the balance sheet as of June 2024 : £0.39 B