Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : £0.45 Billion

According to Morphic Therapeutic's latest financial reports the company has £0.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morphic Therapeutic - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.54 B	89.59%
2022-12-31	$£0.28 B	15.69%
2021-12-31	$£0.24 B	134.16%
2020-12-31	$£0.10 B	-0.88%
2019-12-31	$£0.10 B	-359.57%
2018-12-31	$-£41.41 Million	88.44%
2017-12-31	$-£21.98 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OPKO Health OPK	£0.96 B	111.10%	🇺🇸 USA
Onconova Therapeutics ONTX	£4.46 M	-99.03%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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