Fortress Biotech (FBIO)

Net assets on the balance sheet as of June 2024 : -HK$0.12 B

According to Fortress Biotech 's latest financial reports the company has -HK$0.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortress Biotech - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.39 B	-77.81%
2021-12-31	$HK$1.76 B	15.31%
2020-12-31	$HK$1.52 B	170.37%
2019-12-31	$HK$0.56 B	265.42%
2018-12-31	$HK$0.15 B	-83.58%
2017-12-31	$HK$0.94 B	46.33%
2016-12-31	$HK$0.64 B	-1.5%
2015-12-31	$HK$0.65 B	19.37%
2014-12-31	$HK$0.54 B	-13.19%
2013-12-31	$HK$0.63 B	269.06%
2012-12-31	$HK$0.17 B	14.93%
2011-12-31	$HK$0.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Advaxis ADXS	-HK$0.2 B	67.26%	🇺🇸 USA
Veracyte VCYT	HK$8.82 B	-7,858.05%	🇺🇸 USA
Dynavax Technologies DVAX	HK$5.01 B	-4,503.68%	🇺🇸 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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Fortress Biotech (FBIO) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$0.12 B