Arcutis Biotherapeutics (ARQT)

Net assets on the balance sheet as of September 2024 : NZ$0.26 Billion

According to Arcutis Biotherapeutics's latest financial reports the company has NZ$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcutis Biotherapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.14 B	-57.53%
2022-12-31	$NZ$0.33 B	-24.26%
2021-12-31	$NZ$0.43 B	16.2%
2020-12-31	$NZ$0.37 B	-488.43%
2019-12-31	$-NZ$96.56 Million	170.01%
2018-12-31	$-NZ$35.77 Million	408.65%
2017-12-31	$-NZ$7.04 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.51 B	93.05%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Arcutis Biotherapeutics (ARQT) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.26 Billion