Adicet Bio (ACET) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.40 Billion

According to Adicet Bio's latest financial reports the company has NZ$0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.46 B	3.75%
2021-12-31	$NZ$0.44 B	191.56%
2020-12-31	$NZ$0.15 B	-269.82%
2019-12-31	$-NZ$89.64 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Quaker Houghton KWR	NZ$2.47 B	515.14%	🇺🇸 USA
Merck MRK	NZ$76.28 B	18,852.75%	🇺🇸 USA
Pfizer PFE	NZ$158.45 B	39,267.79%	🇺🇸 USA
Teva Pharmaceutical Industries TEVA	NZ$10.92 B	2,615.31%	🇮🇱 Israel
Novartis NVS	NZ$74.36 B	18,376.80%	🇨🇭 Switzerland
Hawkins HWKN	NZ$0.75 B	88.58%	🇺🇸 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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Adicet Bio (ACET) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.40 Billion