Graphite Bio (GRPH) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$0.29 B

According to Graphite Bio's latest financial reports the company has NZ$0.29 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Graphite Bio - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.29 B	-37.8%
2022-12-31	$NZ$0.46 B	-16.78%
2021-12-31	$NZ$0.56 B	-716.62%
2020-12-31	$-NZ$90.95 M	2665.96%
2019-12-31	$-NZ$3.29 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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