Fortress Biotech (FBIO)

Net assets on the balance sheet as of June 2024 : -₹1.24 Billion

According to Fortress Biotech 's latest financial reports the company has -₹1.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortress Biotech - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹4.13 B	-75.38%
2021-12-31	$₹16.81 B	16.69%
2020-12-31	$₹14.40 B	178.55%
2019-12-31	$₹5.17 B	274.68%
2018-12-31	$₹1.38 B	-82.06%
2017-12-31	$₹7.69 B	36.47%
2016-12-31	$₹5.63 B	0.67%
2015-12-31	$₹5.60 B	25.3%
2014-12-31	$₹4.46 B	-10.99%
2013-12-31	$₹5.02 B	316.24%
2012-12-31	$₹1.20 B	19.2%
2011-12-31	$₹1.01 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Advaxis ADXS	-₹2.06 Billion	67.26%	🇺🇸 USA
Veracyte VCYT	₹99.20 B	-8,156.17%	🇺🇸 USA
Dynavax Technologies DVAX	₹54.22 B	-4,503.68%	🇺🇸 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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Fortress Biotech (FBIO) - Net assets

Net assets on the balance sheet as of June 2024 : -₹1.24 Billion