89bio (ETNB) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹32.16 Billion

According to 89bio's latest financial reports the company has ₹32.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

89bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹44.64 B	255.35%
2022-12-31	$₹12.56 B	34.02%
2021-12-31	$₹9.37 B	-36.84%
2020-12-31	$₹14.84 B	131.42%
2019-12-31	$₹6.41 B	-671.28%
2018-12-31	$-₹1.13 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹23.30 B	-27.53%	🇺🇸 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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89bio (ETNB) - Net assets

Net assets on the balance sheet as of September 2024 : ₹32.16 Billion