Arcutis Biotherapeutics (ARQT)

Net assets on the balance sheet as of June 2024 : HK$1.45 B

According to Arcutis Biotherapeutics's latest financial reports the company has HK$1.45 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcutis Biotherapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.69 B	-57.71%
2022-12-31	$HK$1.63 B	-29.45%
2021-12-31	$HK$2.32 B	10.62%
2020-12-31	$HK$2.09 B	-514.27%
2019-12-31	$-HK$0.51 B	169.65%
2018-12-31	$-HK$0.19 B	381.5%
2017-12-31	$-HK$39.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	62.21%	🇺🇸 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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Arcutis Biotherapeutics (ARQT) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.45 B