Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of December 2024 : NZ$2.49 Billion

According to Avidity Biosciences's latest financial reports the company has NZ$2.49 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avidity Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$2.52 B	219.08%
2023-12-31	$NZ$0.79 B	-13.03%
2022-12-31	$NZ$0.91 B	63.05%
2021-12-31	$NZ$0.55 B	31.58%
2020-12-31	$NZ$0.42 B	-537.33%
2019-12-31	$-NZ$97.05 Million	58.27%
2018-12-31	$-NZ$61.32 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-NZ$1.93 Billion	-177.06%	🇺🇸 USA
Acorda Therapeutics ACOR	-NZ$0.33 Billion	-113.04%	🇺🇸 USA
Sarepta Therapeutics SRPT	NZ$2.67 B	7.21%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	NZ$1.27 B	-48.94%	🇺🇸 USA
Fate Therapeutics FATE	NZ$0.55 B	-77.63%	🇺🇸 USA
Pfizer PFE	NZ$155.19 B	6,110.49%	🇺🇸 USA
GlaxoSmithKline GSK	NZ$28.79 B	1,052.43%	🇬🇧 UK

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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