Aerovate Therapeutics (AVTE)

Net assets on the balance sheet as of June 2024 : ₹7.91 B

According to Aerovate Therapeutics's latest financial reports the company has ₹7.91 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aerovate Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹10.48 B	-18.38%
2021-12-31	$₹12.84 B	-1418.85%
2020-12-31	$-₹0.98 B	275.72%
2019-12-31	$-₹0.26 B

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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Aerovate Therapeutics (AVTE) - Net assets