Phio Pharmaceuticals (PHIO)

Net assets on the balance sheet as of June 2024 : ₹0.31 B

According to Phio Pharmaceuticals's latest financial reports the company has ₹0.31 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phio Pharmaceuticals - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹0.89 B	-45.13%
2021-12-31	$₹1.63 B	71.98%
2020-12-31	$₹0.95 B	132.29%
2019-12-31	$₹0.40 B	-56.68%
2018-12-31	$₹0.94 B	706.99%
2017-12-31	$₹0.11 B	-84.13%
2016-12-31	$₹0.73 B	24.88%
2015-12-31	$₹0.59 B	240.04%
2014-12-31	$₹0.17 B	-43.12%
2013-12-31	$₹0.30 B	-195.5%
2012-12-31	$-₹0.32 B	929.88%
2011-12-31	$-₹31.06 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	₹0.50 B	59.42%	🇺🇸 USA
OPKO Health OPK	₹117.05 B	36,881.71%	🇺🇸 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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Phio Pharmaceuticals (PHIO) - Net assets

Net assets on the balance sheet as of June 2024 : ₹0.31 B