Lyra Therapeutics (LYRA)

Net assets on the balance sheet as of June 2024 : £23.6 M

According to Lyra Therapeutics's latest financial reports the company has £23.6 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lyra Therapeutics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£66.74 M	163.25%
2021-12-31	$£25.35 M	-53.53%
2020-12-31	$£54.56 M	-158.71%
2019-12-31	$-£92.95 M	10.75%
2018-12-31	$-£83.92 M

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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Lyra Therapeutics (LYRA) - Net assets