Arcutis Biotherapeutics (ARQT)

Net assets on the balance sheet as of June 2024 : NZ$0.30 B

According to Arcutis Biotherapeutics's latest financial reports the company has NZ$0.30 B 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	-24.06%
2021-12-31	$NZ$0.43 B	15.52%
2020-12-31	$NZ$0.37 B	-490.33%
2019-12-31	$-NZ$96.41 M	169.7%
2018-12-31	$-NZ$35.75 M	408.42%
2017-12-31	$-NZ$7.04 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.48 B	62.21%	🇺🇸 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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Arcutis Biotherapeutics (ARQT) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.30 B