CinCor Pharma (CINC) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$0.87 Billion

According to CinCor Pharma's latest financial reports the company has NZ$0.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CinCor Pharma - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$-NZ$93.29 Million	146.87%
2020-12-31	$-NZ$37.79 Million	410.81%
2019-12-31	$-NZ$7.4 Million

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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