Phio Pharmaceuticals (PHIO)

Net assets on the balance sheet as of June 2024 : £2.87 M

According to Phio Pharmaceuticals's latest financial reports the company has £2.87 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phio Pharmaceuticals - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£8.95 M	-44.72%
2021-12-31	$£16.2 M	69.95%
2020-12-31	$£9.53 M	120.14%
2019-12-31	$£4.33 M	-59.3%
2018-12-31	$£10.64 M	684.62%
2017-12-31	$£1.35 M	-84.58%
2016-12-31	$£8.79 M	46.8%
2015-12-31	$£5.99 M	239.86%
2014-12-31	$£1.76 M	-41.07%
2013-12-31	$£2.99 M	-182.86%
2012-12-31	$-£3.62 M	856.28%
2011-12-31	$-£0.38 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	£4.58 M	59.42%	🇺🇸 USA
OPKO Health OPK	£1.06 B	36,881.71%	🇺🇸 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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Phio Pharmaceuticals (PHIO) - Net assets

Net assets on the balance sheet as of June 2024 : £2.87 M