Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.70 Billion

According to Passage Bio's latest financial reports the company has HK$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.86 B	-44.76%
2022-12-31	$HK$1.57 B	-36.68%
2021-12-31	$HK$2.48 B	5.19%
2020-12-31	$HK$2.36 B	-639.19%
2019-12-31	$-HK$0.44 Billion	359.59%
2018-12-31	$-HK$95.33 Million

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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Passage Bio (PASG) - Net assets