Fortress Biotech (FBIO)

Net assets on the balance sheet as of September 2024 : -HK$99.04 Million

According to Fortress Biotech 's latest financial reports the company has -HK$99.04 Million 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	15.33%
2020-12-31	$HK$1.52 B	170.35%
2019-12-31	$HK$0.56 B	265.37%
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	19.41%
2014-12-31	$HK$0.54 B	-13.21%
2013-12-31	$HK$0.63 B	269.04%
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$0.19 Billion	91.69%	🇺🇸 USA
Veracyte VCYT	HK$9.14 B	-9,332.53%	🇺🇸 USA
Dynavax Technologies DVAX	HK$5.29 B	-5,449.56%	🇺🇸 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 September 2024 : -HK$99.04 Million