Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of September 2024 : £1.22 Billion

According to Avidity Biosciences's latest financial reports the company has £1.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avidity Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.39 B	-17.74%
2022-12-31	$£0.47 B	69.1%
2021-12-31	$£0.28 B	25.78%
2020-12-31	$£0.22 B	-550.75%
2019-12-31	$-£49.85 Million	53.82%
2018-12-31	$-£32.41 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-£0.86 Billion	-170.13%	🇺🇸 USA
Acorda Therapeutics ACOR	-£0.16 Billion	-112.36%	🇺🇸 USA
Sarepta Therapeutics SRPT	£0.99 B	-18.78%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	£0.53 B	-56.04%	🇺🇸 USA
Fate Therapeutics FATE	£0.29 B	-75.90%	🇺🇸 USA
Pfizer PFE	£75.45 B	6,056.66%	🇺🇸 USA
GlaxoSmithKline GSK	£14.67 B	1,097.60%	🇬🇧 UK

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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