Morphic Therapeutic (MORF)

Net assets on the balance sheet as of June 2024 : £0.47 B

According to Morphic Therapeutic's latest financial reports the company has £0.47 B 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	15.99%
2021-12-31	$£0.24 B	133.91%
2020-12-31	$£0.10 B	0.16%
2019-12-31	$£0.10 B	-357.82%
2018-12-31	$-£41.19 M	87.47%
2017-12-31	$-£21.98 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	£4.58 M	-99.03%	🇺🇸 USA
OPKO Health OPK	£1.06 B	125.62%	🇺🇸 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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Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : £0.47 B