Akero Therapeutics (AKRO)

Net assets on the balance sheet as of June 2024 : HK$6.21 Billion

According to Akero Therapeutics's latest financial reports the company has HK$6.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Akero Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.18 B	63.85%
2022-12-31	$HK$2.55 B	93.5%
2021-12-31	$HK$1.31 B	-34.25%
2020-12-31	$HK$2.00 B	100.05%
2019-12-31	$HK$1.00 B	-356.46%
2018-12-31	$-HK$0.4 Billion	996.27%
2017-12-31	$-HK$35.66 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	-62.11%	🇺🇸 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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Akero Therapeutics (AKRO) - Net assets

Net assets on the balance sheet as of June 2024 : HK$6.21 Billion