Frequency Therapeutics (FREQ) - Net assets

Net assets on the balance sheet as of June 2023 : HK$0.35 Billion

According to Frequency Therapeutics 's latest financial reports the company has HK$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Frequency Therapeutics - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.54 B	-47%
2021-12-31	$HK$1.02 B	-31.64%
2020-12-31	$HK$1.49 B	14.49%
2019-12-31	$HK$1.30 B	-444.73%
2018-12-31	$-HK$0.38 Billion	63.26%
2017-12-31	$-HK$0.24 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$3.17 B	796.14%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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