Pharvaris (PHVS) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.57 Billion

According to Pharvaris's latest financial reports the company has HK$2.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.25 B	-30.88%
2021-12-31	$HK$1.80 B	98.16%
2020-12-31	$HK$0.91 B	460.61%
2019-12-31	$HK$0.16 B	267.16%
2018-12-31	$HK$44.37 M	1.63%
2017-12-31	$HK$43.65 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.12 B	-17.35%	🇺🇸 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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Pharvaris (PHVS) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.57 Billion