Fortress Biotech (FBIO)

Net assets on the balance sheet as of June 2024 : -NZ$25 Million

According to Fortress Biotech 's latest financial reports the company has -NZ$25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortress Biotech - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$78.79 M	-76.17%
2021-12-31	$NZ$0.33 B	21.12%
2020-12-31	$NZ$0.27 B	153.51%
2019-12-31	$NZ$0.10 B	265.9%
2018-12-31	$NZ$29.43 M	-82.65%
2017-12-31	$NZ$0.16 B	41.66%
2016-12-31	$NZ$0.11 B	-2.72%
2015-12-31	$NZ$0.12 B	36.8%
2014-12-31	$NZ$90 M	-9%
2013-12-31	$NZ$98.9 M	269.29%
2012-12-31	$NZ$26.78 M	9.26%
2011-12-31	$NZ$24.51 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Advaxis ADXS	-NZ$41.8 Million	67.26%	🇺🇸 USA
Veracyte VCYT	NZ$2.01 B	-8,156.17%	🇺🇸 USA
Dynavax Technologies DVAX	NZ$1.10 B	-4,503.68%	🇺🇸 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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Fortress Biotech (FBIO) - Net assets

Net assets on the balance sheet as of June 2024 : -NZ$25 Million