Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of June 2024 : HK$3.26 B

According to Praxis Precision Medicines's latest financial reports the company has HK$3.26 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Praxis Precision Medicines - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.54 B	-8.5%
2022-12-31	$HK$0.59 B	-69.59%
2021-12-31	$HK$1.95 B	-12.26%
2020-12-31	$HK$2.22 B	613.37%
2019-12-31	$HK$0.31 B	171.75%
2018-12-31	$HK$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	-27.85%	🇺🇸 USA

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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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Praxis Precision Medicines (PRAX) - Net assets

Net assets on the balance sheet as of June 2024 : HK$3.26 B