InnovAge (INNV) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.25 Billion

According to InnovAge's latest financial reports the company has HK$2.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

InnovAge - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$2.46 B	-11.09%
2022-06-30	$HK$2.77 B	-0.13%
2021-06-30	$HK$2.77 B	232.78%
2020-06-30	$HK$0.83 B	31.24%
2019-06-30	$HK$0.63 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
AcelRx Pharmaceuticals ACRX	HK$0.10 B	-95.15%	🇺🇸 USA
Horizon Therapeutics HZNP	HK$41.23 B	1,726.89%	🇮🇪 Ireland
Cocrystal Pharma COCP	HK$98.61 M	-95.63%	🇺🇸 USA
Merck MRK	HK$345.92 B	15,227.99%	🇺🇸 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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InnovAge (INNV) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.25 Billion