Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of September 2024 : £58 Million

According to Passage Bio's latest financial reports the company has £58 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£87.34 M	-47.52%
2022-12-31	$£0.16 B	-29.49%
2021-12-31	$£0.23 B	5.6%
2020-12-31	$£0.22 B	-621.11%
2019-12-31	$-£42.9 Million	347.33%
2018-12-31	$-£9.59 Million

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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Passage Bio (PASG) - Net assets