Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of June 2024 : ₹35.15 B

According to Praxis Precision Medicines's latest financial reports the company has ₹35.15 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Praxis Precision Medicines - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹5.79 B	-7.91%
2022-12-31	$₹6.29 B	-66.31%
2021-12-31	$₹18.69 B	-10.94%
2020-12-31	$₹20.98 B	635.06%
2019-12-31	$₹2.85 B	179.58%
2018-12-31	$₹1.02 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹25.36 B	-27.85%	🇺🇸 USA

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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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Praxis Precision Medicines (PRAX) - Net assets

Net assets on the balance sheet as of June 2024 : ₹35.15 B