Axonics Modulation Tech (AXNX)

Net assets on the balance sheet as of September 2024 : HK$5.16 Billion

According to Axonics Modulation Tech's latest financial reports the company has HK$5.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Axonics Modulation Tech - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.97 B	11.78%
2022-12-31	$HK$4.45 B	18.42%
2021-12-31	$HK$3.76 B	68.86%
2020-12-31	$HK$2.22 B	56.31%
2019-12-31	$HK$1.42 B	27.03%
2018-12-31	$HK$1.12 B	-506.18%
2017-12-31	$-HK$0.28 Billion	-1.82%
2016-12-31	$-HK$0.29 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	HK$99.24 B	1,822.83%	🇳🇱 Netherlands
PAVmed PAVM	-HK$72.92 Million	-101.41%	🇺🇸 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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Axonics Modulation Tech (AXNX) - Net assets

Net assets on the balance sheet as of September 2024 : HK$5.16 Billion