Equillium (EQ) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$36.26 M

According to Equillium's latest financial reports the company has NZ$36.26 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$35.69 M	-29.05%
2022-12-31	$NZ$50.31 M	-48.19%
2021-12-31	$NZ$97.1 M	-0.02%
2020-12-31	$NZ$97.12 M	56.56%
2019-12-31	$NZ$62.03 M	-35.89%
2018-12-31	$NZ$96.76 M	-3151.41%
2017-12-31	$-NZ$3.18 M

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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Equillium (EQ) - Net assets