Gracell Biotechnologies (GRCL) - Net assets

Net assets on the balance sheet as of September 2023 : £0.17 Billion

According to Gracell Biotechnologies's latest financial reports the company has £0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gracell Biotechnologies - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£0.16 B	-22.39%
2021-12-31	$£0.21 B	130.43%
2020-12-31	$£92.19 M	230.74%
2019-12-31	$£27.87 M	10111.85%
2018-12-31	$£0.27 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	£0.18 B	7.44%	🇺🇸 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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