EQRx (EQRX) - Net assets

Net assets on the balance sheet as of September 2023 : HK$9.11 Billion

According to EQRx's latest financial reports the company has HK$9.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EQRx - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$10.85 B	-8.13%
2021-12-31	$HK$11.81 B	-690.42%
2020-12-31	$-HK$2.01 Billion	2920.02%
2019-12-31	$-HK$66.25 Million

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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