Instil Bio (TIL) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.51 Billion

According to Instil Bio's latest financial reports the company has HK$1.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.84 B	-34.38%
2021-12-31	$HK$4.32 B	-1510.26%
2020-12-31	$-HK$0.31 Billion	471.91%
2019-12-31	$-HK$53.68 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	55.06%	🇺🇸 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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Instil Bio (TIL) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.51 Billion