Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of June 2024 : HK$9.50 Billion

According to Avidity Biosciences's latest financial reports the company has HK$9.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avidity Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.91 B	-13.41%
2022-12-31	$HK$4.51 B	51.86%
2021-12-31	$HK$2.97 B	25.29%
2020-12-31	$HK$2.37 B	-566.38%
2019-12-31	$-HK$0.51 Billion	58.04%
2018-12-31	$-HK$0.33 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-HK$8.21 Billion	-186.35%	🇺🇸 USA
Acorda Therapeutics ACOR	-HK$1.45 Billion	-115.21%	🇺🇸 USA
Sarepta Therapeutics SRPT	HK$9.50 B	0.00%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	HK$5.14 B	-45.87%	🇺🇸 USA
Fate Therapeutics FATE	HK$3.09 B	-67.49%	🇺🇸 USA
Pfizer PFE	HK$720.47 B	7,480.26%	🇺🇸 USA
GlaxoSmithKline GSK	HK$140.14 B	1,374.52%	🇬🇧 UK

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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