Tricida (TCDA) - Net Assets

Net assets on the balance sheet as of September 2022 : -₹12.39 Billion

According to Tricida's latest financial reports the company has -₹12.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tricida - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$₹16.22 M	-99.8%
2020-12-31	$₹7.96 B	-57.69%
2019-12-31	$₹18.81 B	38.35%
2018-12-31	$₹13.60 B	259.72%
2017-12-31	$₹3.78 B	-216.83%
2016-12-31	$-₹3.24 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹37.04 B	-398.99%	🇺🇸 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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Tricida (TCDA) - Net assets

Net assets on the balance sheet as of September 2022 : -₹12.39 Billion