Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹7.64 Billion

According to Passage Bio's latest financial reports the company has ₹7.64 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹9.26 B	-44.4%
2022-12-31	$₹16.66 B	-29.75%
2021-12-31	$₹23.71 B	6.43%
2020-12-31	$₹22.28 B	-655.53%
2019-12-31	$-₹4.02 Billion	371.29%
2018-12-31	$-₹0.86 Billion

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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Passage Bio (PASG) - Net assets