Morphic Therapeutic (MORF)

Net assets on the balance sheet as of June 2024 : ₹51.88 B

According to Morphic Therapeutic's latest financial reports the company has ₹51.88 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morphic Therapeutic - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹58.02 B	100.86%
2022-12-31	$₹28.88 B	15.14%
2021-12-31	$₹25.09 B	136.69%
2020-12-31	$₹10.60 B	5.69%
2019-12-31	$₹10.03 B	-374.39%
2018-12-31	$-₹3.66 B	92.81%
2017-12-31	$-₹1.9 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	₹0.50 B	-99.03%	🇺🇸 USA
OPKO Health OPK	₹117.05 B	125.62%	🇺🇸 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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Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : ₹51.88 B