Lantern Pharma (LTRN)

Net assets on the balance sheet as of June 2024 : HK$0.24 Billion

According to Lantern Pharma's latest financial reports the company has HK$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lantern Pharma - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.43 B	-21.55%
2021-12-31	$HK$0.55 B	265.46%
2020-12-31	$HK$0.15 B	1978.69%
2019-12-31	$HK$7.34 M	-564.88%
2018-12-31	$-HK$1.59 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	877.65%	🇺🇸 USA

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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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Lantern Pharma (LTRN) - Net assets

Net assets on the balance sheet as of June 2024 : HK$0.24 Billion